Admicasa: Expansion in the financing area
Admicasa Holding intends to expand its activities in the field of real estate financing and has agreed on a strategic cooperation with Artemon Capital Partners for this purpose.
As part of the cooperation with Artemon Capital Partners AG, Admicasa will reduce its shareholding in Bridge Loan AG from today's 44% to 40% in favour of Artemon Capital, and the other ordinary shareholders will also reduce their shareholdings in the company. Bridge Loan provides advice and arranges subordinated financing for real estate projects (mezzanine financing). Artemon Capital Partners will hold 20% in Bridge Loan in the future. A corresponding agreement was signed by the Board of Directors of Admicasa Holding on 16 November 2021.
In a second step, today's Bridge Loan AG will be renamed Artemon Projekt Finance AG and real estate financing services will be offered under the Artemon brand name in the future.
In the view of Beat Langenbach, Chairman of the Board of Directors of Admicasa, the company is significantly strengthening its market position with the new shareholder structure for Bridge Loan and the branding. It is a consistent step in the implementation of the strategy to become a "one stop shop" for real estate services. (ah)
