Swisscanto (CH) Real Estate Fund Responsible Swiss Commercial considers capital increase in October 2021
Ad hoc notification from 15. September 2021
The fund management company of Swisscanto (CH) Real Estate Fund Responsible Swiss Commercial is considering a capital increase of up to CHF 50 million for October 2021.
The fund was launched in August 2010 and invests in commercial properties in all market regions across Switzerland. As of 30 June 2021, the fund portfolio consists of 25 properties in good locations with a market value of CHF 675 million. With the capital increase, the fund is aiming to continue its responsible growth while at the same time complying with the guidelines regarding debt financing.
More detailed information, as well as the terms of the planned capital increase, will be provided in due course.
About Swisscanto (CH) Real Estate Fund Responsible Swiss Commercial
Swisscanto (CH) Real Estate Fund Responsible Swiss Commercial was launched in 2010 and invests in commercial and mixed-use properties in all market regions across Switzerland. The fund is positioned in the core/coreplus segment. The provisions specified as part of the fund’s sustainability policy also apply. The investment strategy is to achieve stable current income on a sustainable basis. Properties are directly owned by the fund and are taxed by the fund, which means that distributions are therefore tax-free for investors. The fund pursues a responsible growth strategy in order to increase diversification and strengthen the earnings base and the liquidity of the units.