Funds: Realstone and SFP close issues

The proceeds from the capital increase of Realstone RSF will be used to finance new acquisitions, invest in existing projects and reduce the leverage ratio, the fund management company says. According to the information, the new acquisitions are a mixed-use building with strong development potential on Alte Landstrasse in Meilen (ZH), a residential property under construction in Sion and a residential project in Winterthur for which the building permit was granted at the end of October 2021. All 706,078 new units had been subscribed for as part of the issue, which was handled between 22 November and 2 December 2021, and the fund had received funds of around CHF 90 million.