SFP AST Swiss Real Estate seeks fresh money
SFP Investment Foundation is conducting a capital raising for its investment group SFP AST Swiss Real Estate with a target volume of CHF 50 to 80 million.
The new capital is to be used for further expansion of the portfolio, SFP Investment Foundation says. Five properties worth just under CHF 74 million have been tied up, so that their transfer of ownership can take place as soon as possible after receipt of the funds. Debt capital is also available for further expansion of the portfolio.
The subscription period begins on June 23 and ends on July 7, 2021; the payment date is set for July 14. The indicative issue price is CHF 1,106.50 (incl. 1% issue commission and 0.25% distribution commission). Subscriptions up to 500 entitlements will receive a full allocation, according to SPF Investment Foundation. In case of oversubscription, the remaining subscriptions may be reduced proportionally. (ah)
