Second issue for SPS funds
Swiss Prime Site Solutions Investment Fund Commercial is currently conducting an issue with a volume of up to CHF 150 million. The fresh capital is to be used to finance acquisitions.
The subscription period for the second issue of the Swiss Prime Site Solutions Investment Fund Commercial runs from March 14 to March 25, 2022, and a maximum of 1.4 million new units will be issued. The issue price per payment is CHF 103.49 net.
The issue will have a volume of around CHF 150 million, and the proceeds are to be used for the further expansion of the real estate portfolio. For this purpose, a CHF 200 million acquisition pipeline has been built up, including off-market deals on core+ properties with broad diversification, Swiss Prime Site Solutions says.
The Swiss Prime Site Solutions Investment Fund Commercial currently holds 13 properties with real estate assets of 221 million; it invests in commercial properties in good to very good locations throughout Switzerland (AB/BA approach). (ah)
