Dow Jones received a payment from EQS/DGAP to publish this press release.
EQS Group-Media / 2019-03-26 / 09:03
*Media Release*
*Successful Capital Increase of the Helvetica Swiss Commercial Real Estate
Fund*
*Zurich, March 26, 2019 - Helvetica Property announces that the capital
increase of Helvetica Swiss Commercial Fund (HSC) was significantly
oversubscribed and thus successfully completed. The issue proceeds amount to
approximately CHF 75 million.*
The capital increase, set in the period between March 4 and 22, 2019, again
attracted solid interest among investors and was oversubscribed. In addition
to subscriptions from existing investors, new investors will also be served
and included in the circle of investors.
The capital increase was carried out on a best-effort basis as part of a
subscription offer in Switzerland. During the subscription period, no
official subscription rights trading took place. With a subscription ratio
of four to one, 694 856 new shares were subscribed within the subscription
period expiring on March 22, 2019 at an issue price of CHF 110.66 per share.
As of this date, 3 474 281 traded shares will be in circulation and traded
OTC by Banque Cantonale Vaudoise, Lausanne.
_"The successful raising of new capital in a highly competitive market
cannot be taken for granted. The high demand for the HSC Fund from
professional as well as new investors makes me incredibly proud",_ says Hans
R. Holdener, CEO and Managing Partner
The new shares will be paid and issued on March 28, 2019. The equity
proceeds will be used for the further expansion of the high-quality real
estate portfolio in Switzerland. Due to already secured properties and the
existing acquisition pipeline, the equity from the capital increase will be
invested rapidly.
All relevant documents relating to the capital increase can be obtained at
www.HelveticaProperty.com [1] or www.swissfunddata.ch [2]
*FOR MORE INFORMATION*
Hans R. Holdener
CEO and Managing Partner
Phone + 41 43 544 70 80
E-Mail hrh@helveticaproperty.com
All press releases can be found at www.HelveticaProperty.com [1]
*Allocation of the capital
increase*
Number of effective new shares 694 856
to be issued
Issuing price CHF 110.66 net per share
Total shares outstanding 3 474 281 as per March 28, 2019
Trading of shares 694 856 new shares are traded
OTC by Banque Cantonale
Vaudoise, Lausanne, starting
March 28, 2019
Payment date March 28, 2019
Securities number 33550793
ISIN CH0335507932
Ticker Symbol of the shares HelvSwissComm
*About Helvetica Property Investors AG*
Helvetica Property Investors is an independent partner-owned and managed
real estate fund management company regulated by the Swiss Financial Market
Supervisory Authority FINMA. Helvetica Property Investors offers the full
spectrum of real estate investments, including investment strategies,
investment property selection, deal structuring, acquisitions, financing,
portfolio management and sales. The firm offers both direct and indirect
real estate investments in Switzerland on behalf of its clients. Helvetica
Property Investors acts as fund and asset manager for the Helvetica Swiss
Commercial real estate fund.
/ / / / / /
*About Helvetica Swiss Commercial Real Estate Fund*
The Helvetica Swiss Commercial real estate fund («HSC») and is an open
contractual real estate investment fund under Swiss law open to all
investors. The fund is suited for long-term value investors interested in a
stable and consistent cash-flow. The fund invests in commercial properties
with value appreciation potential across the most dynamic economic regions
in Switzerland. The focus is on potentially undervalued properties with an
attractive cash-flow yield. The fund manager pursues an active hands-on
management approach to unlock and realize hidden potential in the properties
by means of revitalization, renovations, vacancy reductions and lease
extensions. The long-term goal is to build a broadly diversified portfolio
by region, type of use, object size and tenant mix.
Additional features:
Document: http://n.eqs.com/c/fncls.ssp?u=BMTEYYFHEH [3]
Document title: Media Release - Successful Capital Increase of the HSC Fund
Issuer: Helvetica Property Investors AG
Key word(s): Finance
End of Corporate News
Language: English
Company: Helvetica Property Investors AG
Gartenstrasse 23
8002 Zürich
Switzerland
Phone: +41 43 544 7080
E-mail: office@helveticaproperty.com
Internet: www.HelveticaProperty.com
ISIN: CH0335507932
Valor: A2DXEX
Listed: SIX Swiss Exchange
End of News EQS Group Media
791579 2019-03-26
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=213ad5750194aee16a7109422e93d682&application_id=791579&site_id=vwd&application_name=news
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=62e309910103b91e4e07fa1da35b941e&application_id=791579&site_id=vwd&application_name=news
3: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=535f017ab167991f54f2c4a9b7fad8d2&application_id=791579&site_id=vwd&application_name=news
(END) Dow Jones Newswires
March 26, 2019 04:03 ET (08:03 GMT)
