But no stock market launch for the CS 1a Immo PK

Credit Suisse Funds has now largely completed preparations for the stock exchange listing of the real estate fund Credit Suisse 1a Immo PK (CS 1a Immo PK) as planned. The initial listing of the units was last planned for the fourth quarter of 2022; According to earlier information, the fund, which focuses on residential and commercial real estate, should go public as early as the second quarter of this year.

Now, however, the fund management company is changing its plans: the market for real estate funds is currently going through a phase of high volatility and strongly fluctuating trading volumes, so that a successful IPO in the fourth quarter of 2022 cannot be guaranteed, it says. Due to the changed market conditions, the situation will now be reassessed and information will be provided in due course on how to proceed, according to the fund management. (ah)