Issue for the Credit Suisse logistics fund in prospect
A capital increase for the real estate fund Credit Suisse Real Estate Fund Logisticsplus is to be carried out in the fall. According to the fund management, the volume will be between CHF 100 and 150 million.
According to Credit Suisse Asset Management, an issue for the Credit Suisse Real Estate Fund Logisticsplus is under consideration. The capital measure is to be carried out in the third quarter of this year and will inject CHF 100 to 150 million into the fund's coffers. The funds will be used to expand and diversify the real estate portfolio.
Information on the transaction such as volume, issue price and subscription ratio will be announced by Credit Suisse Asset Management shortly before the capital increase.
CS REF Logisticsplus invests in logistics and logistics-related real estate in Switzerland. It is aimed at private and institutional investors. (ah)
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