CS REF Green Property: inflows of almost 180 million
The real estate fund CS REF Green Property raised new money in its capital increase to the maximum amount of CHF 179.7 million.
According to Credit Suisse, around 1.5 million new units in the fund were subscribed at a price of CHF 119.00 each, corresponding to a subscription ratio of 100%. The subscription ratio was 12:1. The subscription ratio was 12:1. The proceeds will be used to expand and diversify the real estate portfolio, it adds.
The payment of the new shares will reportedly take place on November 15, 2019. There are now around 19.6 million fund units in circulation. The net fund assets amount to approximately 2.28 billion.
CS REF Green Property was launched in 2009 and claims to be the largest Swiss real estate fund for sustainable real estate investments. (ah)
(Visited 49 times, 1 visits today)
