Steiner Invest: Issue planned for Swiss Development Residential

According to the Steiner Investment Foundation, the targeted capital volume is between CHF 200 and 250 million and will be divided into a maximum of three payments.

He added that the Transaction Management team had been able to successfully manage transactions in the first and second quarters, when, among other things the UBS building on Aeschenplatz in Basel was acquiredThe Steiner Investment Foundation writes in its press release that it is once again in the process of evaluating "extremely promising development projects". For the acquisition of these projects, the Swiss Development Residential is being opened for fresh capital. Details of the 17th issue will be announced after the summer holidays. (ah)