SPSS IFC: Capital increase raises 80 million for acquisitions
The third issue of the Swiss Prime Site Solutions commercial fund was reportedly oversubscribed.
The Swiss Prime Site Solutions Investment Fund Commercial (SPSS IFC) has reached its target volume of CHF 80.3 million with its third capital increase. According to the fund management company, the issue was even oversubscribed. In addition to existing investors, "a significant number of new investors" also invested during the subscription period from March 10 to 21. The proceeds will be used to expand and diversify the portfolio, according to SPSS. The fresh funds will also be used to repay debt capital. There is a deal pipeline of around CHF 200 million.
The fund focuses on the "Light Industrial" segment. (aw)
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