Helvetia Swiss Property Fund plans capital increase
The issue announced for March is expected to raise CHF 166 million for the purchase of a portfolio of seven properties.
The fund management company Helvetia Asset Management AG is planning a capital increase of the Helvetia (CH) Swiss Property Fund with a volume of around CHF 166 million for March 2025. The additional funds are earmarked for the purchase of a property portfolio of up to seven properties with a market value of around CHF 252 million. The properties are currently held by Helvetia Insurance and the FINMA approval required for the transaction has already been obtained. According to the information provided, these are properties in the Core/Core plus risk class with a high residential focus and high location and property quality in four cantons.
The fund was launched in 2020 and has been listed on the SIX Swiss Exchange since June last year 2024. The residential share amounts to almost 80 %. As at September 30, the property portfolio had a market value of around CHF 1.1 billion. (aw)
