Swiss Prime Site: Next issue for Investment Fund Commercial
Swiss Prime Site Solutions Investment Fund Commercial (IFC) is planning a capital increase in the fourth quarter. It is expected to raise CHF 50 million to CHF 100 million.
According to a statement from SPS, the capital raised will be used primarily for portfolio expansion. "Exclusive transaction opportunities have already been secured," the fund management company writes. Further information is to be available shortly before the capital increase.
The fund shares will be paid up in December. The capital increase will be carried out in compliance with the subscription rights of existing shareholders. Before the start of the subscription period, investors have the opportunity to benefit from preferential conditions of the issuing commission by means of pre-commitments. In addition, a graduation of the issuing commission will be granted from higher subscription volumes.
The Swiss Prime Site Solutions Investment Fund Commercial invests directly and with a focus on commercial real estate in good to very good locations throughout Switzerland. It focuses on broad diversification, cash flow stability and economically established locations. (aw)
