SF Sustainable Property Fund decides against capital increase
The issue announced in August has been postponed indefinitely. Swiss Finance & Property Funds cites the current conditions on the listed Swiss real estate market as the reason for the decision.
"The fund management is closely following the developments on the capital markets and will inform at a later date about the implementation of a possible capital increase of the SF Sustainable Property Fund," it was announced on Wednesday.
In August, the fund management company announced that a capital increase of CHF 100 million was being examined for the third or fourth quarter. (IB reported). The announcement was subject to the situation on the financial markets. (aw)
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