Helvetia Investment Foundation announces capital increase
AST plans to raise CHF 150 million by the end of the month and use the additional funds to acquire a portfolio.
The Helvetia Investment Foundation is carrying out a capital increase of up to CHF 150 million for the Real Estate Switzerland investment group. The subscription period runs from February 3 to 28. Helvetia AST intends to use the new funds to acquire a real estate portfolio in German-speaking Switzerland. The value is estimated at over CHF 100 million. The investment foundation also intends to use the fresh capital for sustainable development projects in its portfolio and for further real estate acquisitions in Switzerland.
The total assets of the investment group amounted to CHF 963 million at the end of the year, and the performance for the full year 2024 of 4.78% exceeded the benchmark value of 3.60%. (aw)
