immo!nvest – Die Plattform für Standorte und Immobilien

Tag: SIX Swiss Exchange

  • Helvetia places property fund on the stock exchange

    Helvetia places property fund on the stock exchange

    The Helvetia (CH) Swiss Property Fund was listed on the SIX Swiss Exchange on 25 June as planned, Helvetia Asset Management AG announced in a press release. The fund was included in the SXI Real Estate Broad and SXI Real Estate Funds Broad indices on the stock exchange. The successful placement brought the fund a total capitalisation of around CHF 890 million.

    The investment manager, which is part of the Helvetia Group, launched the fund, which focuses on high-quality residential property, in 2020. It currently has 46 properties in various locations, diversified in terms of age and tenant structure. Their market value totalled CHF 1.072 billion as at the end of March.

  • ZKB facilitates investments in the Zurich airport region

    ZKB facilitates investments in the Zurich airport region

    The Zürcher Kantonalbank now issues the tracker certificate FRZ Flughafenregion Zürich. This means that those willing to invest can simultaneously rely on 22 different companies that have a connection to the Zurich airport region. The financial product is now traded on the SIX Swiss Exchange .

    As the location developer FRZ Flughafenregion Zürich announced in a press release , the composition of the block of shares was determined by ZKB. They selected Swiss companies with a market capitalization of more than CHF 500 million that are based in the canton of Zurich and benefit from the airport. In addition, they must bear the ZKB rating “Market weight” or “Overweight” before admission.

    “The tracker certificate emphasizes the economic importance of the region,” says Peter Arnold, Head of Communications & Business Development at the FRZ Zurich Airport Region. FRZ is probably one of the first organizations in the world to promote locations to take such an initiative. The share package is an important element in ongoing location marketing.

    According to FRZ, the design of the financial product is based on the assumption that airport regions will grow at an above-average rate. Accordingly, the companies operating in this region should have above-average potential.

  • Swiss Central City Real Estate Fund approved by the Swiss Exchange Commission

    Swiss Central City Real Estate Fund approved by the Swiss Exchange Commission

    The SIX Exchange Regulation has approved the Swiss Central City Real Estate fund for listing on the SIX Swiss Exchange . This means that the Zurich-based Nova Property Fund Management AG will be able to trade the real estate fund on the stock exchange from December 13th, according to a media release .

    The fund is currently traded over the counter through Bank J. Safra Sarasin AG . In addition, the investment should also be included in the SXI Real Estate Broad and SXI Real Estate Funds Broad indices.

    The real estate portfolio currently has a market value of CHF 400 million. The fund management company wants to expand this further by investing the fund’s assets in real estate in central locations across Switzerland.

    For this year she is planning a distribution of CHF 2.50 per fund unit. In the coming years it should be increased further through the constant expansion of the property portfolio and the completion of further projects.

  • Baloise real estate fund goes to SIX

    Baloise real estate fund goes to SIX

    The Baloise Swiss Property Fund is expected to be traded on the Swiss stock exchange from November 1, 2021. According to a press release from Baloise Asset Management AG , the relevant listing application has been approved by the SIX Swiss Exchange . The fund is therefore also open to non-qualified investors from this date. The portfolio currently comprises 72 properties with an estimated market value of around CHF 811 million.

    According to the issuer, the investment objective of this real estate fund, launched in 2018, is “primarily to generate stable current income through direct investments in Swiss core / core plus properties that are in good locations and have a high level of income and value stability”. At least 50 percent residential properties and a maximum of 50 percent commercial properties would be aimed for. A further expansion with a focus on residential buildings is planned.

  • Procimmo realizes capital increase

    Procimmo realizes capital increase

    Procimmo SA has raised around 64 million francs on the capital market for its real estate fund Procimmo Swiss Commercial Fund II, the asset manager of collective real estate investments informs in a message . According to her, the capital increase was significantly oversubscribed. The company sees this as "a clear vote of confidence on the part of investors in the fund," says the press release.

    On the one hand, the 64 million francs brought in are intended to reduce the fund's debt financing ratio. On the other hand, Procimmo wants to use the new capital for the continuation of existing construction projects, is explained in the communication. The company is also planning further property acquisitions.

    The Procimmo Swiss Commercial Fund II is scheduled to be listed on the SIX Swiss Exchange on March 24th. A total of 33 properties are currently held in the fund in the cantons of Aargau, Basel-Landschaft, Bern, Freiburg, Graubünden, Lucerne, Solothurn and Zurich. The report puts the fund's assets at around 557 million francs.

  • Procimmo II goes public

    Procimmo II goes public

    The Procimmo SA is its Swiss Commercial Fund II (Procimmo II) in late March on the SIX Swiss Exchange shares listed, the asset manager of collective real estate investments informed in a release . Procimmo II was set up in 2014 for a limited group of investors. Since then, the fund, which mainly holds commercial, industrial and logistics properties, has achieved an average return of 7.4 percent, Procimmo reports.

    In addition, the fund has paid an annual dividend of at least 5 francs per unit over 100 francs, is further explained in the announcement. The fund currently comprises 33 properties in German-speaking Switzerland. The assets invested in Procimmo II amounted to CHF 563.4 million as of September 30th. On the corresponding reporting date in the previous year, it was 470.3 million francs.

    Before going public, Procimmo intends to carry out a further capital increase of around 60 million francs, the company informs in the announcement. The funds brought in are to be used to reduce the debt financing quota and to continue existing construction projects. In addition, Procimmo is examining additional investments in economically active regions outside the city centers.