SFP Investment Foundation raises over 50 million
The fourth capital raising of the SFP AST Swiss Real investment group by SFP Investment Foundation was successful despite the difficult market conditions. The target volume of CHF 50 million was exceeded.
More than 20 Swiss pension funds, eleven of them for the first time, have made capital commitments in excess of CHF 50 million, SFP Investment Foundation reports. This means that 71 pension funds will be invested in this investment group in the future. The net asset value (NAV) amounts to over 207 million.
Some of the new funds have already been reinvested: Even before the end of the subscription period, the investment group acquired two residential properties in central locations in Basel and Zurich. Furthermore, the new funds will be used to reduce the debt financing ratio.
Furthermore, the Investment Foundation announces that the investment group SFP AST Swiss Real Estate was included in the KGAST Immo-Index, Subindex Mixed, in November 2020. (ah)
