IPO for Sustainable Real Estate Switzerland
The sustainable real estate fund has been included in the SXI Real Estate Funds Broad (SWIIT).
Sustainable Real Estate AG is the first real estate fund issuer to be listed on the SIX Swiss Exchange this year. The first fund to be listed on September 5 was Sustainable Real Estate Switzerland, a CHF 479 million fund focusing on residential real estate.
According to SIX Swiss Exchange, this brings the total number of investment funds traded on the Swiss stock exchange to 46 from 23 different issuers. 43 of these funds are classified as real estate funds.
In the first eight months of the current year, trading turnover in investment funds amounted to CHF 5.5 billion, according to the SIX Swiss Exchange. Over 230,000 transactions were carried out in this segment during this period.
The portfolio of Sustainable Real Estate Switzerland, which was launched in 2015, comprises 33 existing properties and one new construction project. (ah)
