ImmoVision1 plans capital increase

ImmoVision1 AG's portfolio currently comprises around 350 residential units. In recent months, two new construction projects have been acquired, which will be added to the portfolio in the fall of 2018 and summer of 2019, respectively, according to Markstein AG, which is entrusted with the management and portfolio development of the private equity company. In order to be able to seize investment opportunities in the future, a share capital increase is planned for the fall of 2018, Markstein says. Details of the capital measure were not initially disclosed.

ImmoVision1's return on equity was reportedly more than seven percent in 2017 on assets of approximately CHF 130 million. Since its founding in 2005, the return on equity has been six percent. The company plans to further diversify its portfolio geographically by reinvesting cash flow, it said. In the 2017 financial year, the new apartment buildings in Kleindöttingen (AG), Flaach (ZH) and Urdorf (ZH) were ready for occupancy.

Pension funds and around 20 private shareholders hold shares in ImmoVision 1. The management consists of Managing Director Simon Meier and Portfolio Manager Daniel Senn.