Property One reports growth for debt fund and expands management team
Property One appoints Timothy Dale to its management team. It is also reported that the One Real Estate Debt Fund has significantly increased the fund volume.
In the past quarter, the credit fund increased its fund volume by CHF 16.9 million. In the meantime, the fund volume of the fund launched in 2021 - according to its own statements the first Swiss fund for private real estate debt - is CHF 149 million. The portfolio grew to more than 40 current loans. In the current financial year, loans with a volume of over CHF 70 million were concluded.
In addition, Property One announces that Timothy Dale, Head of Real Estate Sales since 2018 and responsible for the Sales & Leasing division in Zurich and Zug for the past three years, has moved up to the Executive Board. He has worked for the company since 2014. (aw)
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