14 October 2024 | SF Retail Properties Fund, Swiss Finance & Property Funds AG

SF Retail Properties Fund – Successful capital increase

Ad hoc announcements

The capital increase of the real estate fund SF Retail Properties Fund was successfully completed. The subscription rights were fully exercised. The issue will result in new funds of the maximum amount of gross CHF 56.2 million. 

The subscription period lasted from 2 October 2024 to 11 October 2024 and was carried out by means of a rights offer. The limited trading volume of subscription rights confirms the broad support of existing investors for the fund strategy and the utilisation of the additional capital. All 540 000 new units are issued which increases the number of units in circulation to 7 020 000. This generated new resources of gross CHF 56.2 million for the SF Retail Properties Fund. The payment of the new units will take place on 18 October 2024. 

The new capital will be used to further expand the real estate portfolio, to exploit the potential of the investment properties and to repay interest-bearing debt. 

Contact

Portrait Thomas Lavater
Thomas Lavater

Head Direct Funds & Foundation

Portfolio Manager Real Estate Direct
SF Retail Properties Fund

Portrait Patrick Sege
Dr Patrick Sege

Head Client Relationship Management & Marketing

Regular news and information on current topics.