Swisscanto (CH) Real Estate Fund Swiss Commercial successfully raises CHF 44.9 million by way of capital increase.
Swisscanto (CH) Real Estate Fund Swiss Commercial is raising CHF 44.9 million within the framework of the capital increase carried out from 11 to 22 September 2020. This corresponds to a subscription rate of 100% and is evidence of the strong interest among investors. The new units could be subscribed for at an issue price of CHF 104.53 per share, with ten (10) existing units entitling the holder to subscribe for one (1) new unit. The new units will be paid up on 23 September 2020. There are now 4'729'641 units in circulation.
With the capital increase, the foundation has been laid for the continuation of the responsible growth of Swisscanto (CH) Real Estate Fund Swiss Commercial. The fund has an attractive investment pipeline, which it will use to expand its existing portfolio in line with its strategy.