Great interest in the capital increase: The subscription volume totalled of around CHF 87 million.
The capital increase from 1-15 June 2018 for Swiss Life REF (LUX) Commercial Properties Switzerland attracted a lot of interest from investors and was concluded successfully. The issue took place on a best-effort basis. The maximum number of
72 857 units was issued at a price of CHF 1 209.67 per unit (incl. subscription fee). The subscription volume totalled of around CHF 87 million. There are now 690 000 units in circulation with net fund assets of CHF 816 million.
The payment under subscription for the new units will be made on 31 July 2018. The issue proceeds are used to reduce the external financing and advance the qualitative expansion of the real estate fund portfolio.
Name | Swiss Life REF (LUX) Commercial Properties Switzerland |
ISIN | Security number | LU0820924123 | 19328638 |
Legal form | FCP – SIF (fonds commun de placement, authorized as a specialised investment fund) |
Fund currency | Swiss francs |
Income | Distribution |
Fund domicile | Luxembourg |
Management company | Swiss Life Fund Management (LUX) S.A. |
Portfolio management | Swiss Life Asset Management Ltd |
Custodian bank | Société Générale Bank & Trust |
Launch date | 31 October 2012 |
Disclaimer: The real estate fund described is offered in Switzerland to qualified investors as per the Federal Law on Collective Capital Investments. Any investor with domicile (i) within the EU or EEA who is considered a suitable investor as defined in Article 2 of the law of 2007, as well as a professional investor, or (ii) outside the EU or EEA who is considered a suitable investor as defined in Article 2, is to be classified as a professional and institutional investor under the law of 2007 and in accordance with MiFID II directive 2014/65/EU (“MiFID II”) Annex 2. Comprehensive information on the fund in question is available in the relevant financial report and the documents, which form the legal basis for any investment and are available free of charge in electronic or printed format from the fund’s representative in Switzerland, Swiss Life Asset Management Ltd, General-Guisan-Quai 40, 8002 Zurich. The payment office is UBS Switzerland AG, Bahnhofstrasse 45, 8001 Zurich. The place of jurisdiction for all units distributed in Switzerland is the registered domicile of the representative. |
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