Fresh money for the Swiss Central City
The Swiss Central City Real Estate Fund has raised CHF 82.7 million from its capital increase. The issue was significantly oversubscribed, according to the fund management company.
According to the Swiss Central City Real Estate Funds, the capital increase met with great demand from both existing and new investors and the investor base was broadened once again. During the subscription period from May 25 to June 4, a total of 760,414 new units were issued at CHF 108.80 each. Following the capital increase, the number of fund units in circulation amounts to 3.04 million.
The fund intends to use the new money of CHF 82.7 million to expand its real estate portfolio in central locations throughout Switzerland. (ah)
(Visited 29 times, 1 visits today)
