DJ Helvetica plans capital increase for HSL Fund
Helvetica Property / Key word(s): Funds/Real Estate Helvetica plans capital increase for HSL Fund 2022-03-14 / 07:01
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Press release March 14, 2022
Press release (PDF)
As part of the growth strategy for the HSL Fund, the fund management company plans to carry out a capital increase with subscription rights in the order of approximately CHF 130 million mid-April 2022. The acquisition of residential properties with a total value of almost CHF 330 million is currently under review, of which around CHF 110 million has already been committed.
The exact terms of the planned capital increase will be announced early April, shortly before the start of the subscription period. The HSL Fund is aimed at qualified investors and will be traded over-the-counter by Bank J. Safra Sarasin Ltd, who will act as lead manager for the transaction.
Media contacts
Mirjam Nägeli Salman Baday Media Relations Head Sales & Marketing T +41 43 444 77 92 +41 43 544 70 95 mn@helvetica.com sb@helvetica.com
Zurich, March 14, 2022 - The fund management company is planning a capital increase with subscription rights of CHF 130 million for the Helvetica Swiss Living Fund.
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End of Media Release
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Language: English
Company: Helvetica Property
Brandschenkestrasse 47
8002 Zürich
Switzerland
Phone: +41 43 544 7080
E-mail: office@helvetica.com
Internet: www.helvetica.com
ISIN: CH0495275668
Valor: 49 527 566
EQS News ID: 1301115
End of News EQS News Service
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1301115 2022-03-14
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1301115&application_name=news
(END) Dow Jones Newswires
March 14, 2022 02:01 ET (06:01 GMT)
