Swisscanto (CH) Real Estate Fund Swiss Commercial makes public the conditions of its announced capital increase.
Swisscanto (CH) Real Estate Fund Swiss Commercial today made public the conditions of issue for its announced capital increase of up to CHF 45 million. The new units can be subscribed from 11 to 22 September 2020 at an issue price of CHF 104.53 per unit. The capital increase will be carried out while maintaining the subscription rights of existing shareholders.
With this capital increase, Swisscanto (CH) Real Estate Fund Swiss Commercial is continuing its responsible growth strategy. The fund has an attractive investment pipeline, which it will use to expand its existing portfolio in line with its strategy. The proceeds of the issue are earmarked for the financing of existing obligations and the repayment of borrowed capital.