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Swiss Prime Site Solutions Investment Fund Commercial: start of the subscription period

·4-min read

EQS Group-News: Swiss Prime Sites Solutions / Key word(s): Funds/Real Estate
01.11.2021 / 10:30

Press Release

As announced, Swiss Prime Site Solutions is launching its first real estate investment fund with the Swiss Prime Site Solutions Investment Fund Commercial. The subscription period starts today, 1 November 2021, and ends on 10 December 2021 (12 noon), with a payment date of 17 December 2021. The fund is aimed at qualified investors in Switzerland and will be traded over the counter. Investors can join the initial launch at net asset value. Very pleasingly, firm commitments amounting to more than one third of the maximum issue volume were already received before the subscription period.

The fund primarily invests in commercial properties with a high degree of diversification of tenants with a high credit rating and reputation. The long-term focus of use will be on commercial, office and retail space throughout Switzerland. The fund aims to achieve growth of around CHF 200-300 million per year in line with returns and strategy. The intention is for the fund to be listed on the SIX Swiss Exchange within three to five years.

All the fund documentation is available at www.swissfunddata.ch and www.spssolutions.swiss. You can find the subscription form at the following link.

Fund information

Fund name

Swiss Prime Site Solutions Investment Fund Commercial

Valor / ISIN

113 909 906 / CH1139099068

Legal form

Contractual real estate fund for qualified investors (Art. 25 ff. CISA)

Investor base

Qualified investors within the meaning of Art. 10 para. 3 CISA in conjunction with Art. 4 para. 3-5 and Art. 5 para. 1 and 4 FinSA who are resident in Switzerland

Custodian bank

Banque Cantonale Vaudoise (BCV)

Valuation experts

PricewaterhouseCoopers AG, Zurich

Fund management

Swiss Prime Site Solutions AG

Portfolio management

Swiss Prime Site Solutions AG

Tradability

Daily over-the-counter trading through BCV

Auditor

KPMG AG, Zurich

Accounting year

1 October to 30 September

Appropriation of earnings

Distributing

Property

Properties are held directly

Issuing volume

Max. CHF 250 million

Fund currency

CHF

Press release (PDF)

Zurich, 1 November 2021

If you have any questions, please contact:

Fabian Linke, Head Business Development & Fundraising
Tel. +41 58 317 17 98, fabian.linke@sps.swiss

Andrea Schaller, Media Relations
Tel. +41 58 317 17 51, andrea.schaller@sps.swiss

Swiss Prime Site Solutions AG
Swiss Prime Site Solutions is a group company of the listed Swiss Prime Site AG. The real estate asset manager, which has CHF 3.35 billion in assets under management and a pipeline of over CHF 600 million, develops tailor-made services and real estate solutions for third-party clients. Swiss Prime Site Solutions AG has been approved as a fund manager by FINMA pursuant to Art. 2 (1)(d) in conjunction with Art. 5 (1) FinIA.

The information contained herein is intended solely for distribution in Switzerland and is aimed exclusively at persons who (i) are resident or domiciled in Switzerland and (ii) are classed as qualified investors within the meaning of Art. 10 para. 3 of the Swiss Collective Investment Schemes Act (CISA). The information is expressly not intended for, and may not be distributed to, persons who are subject to a jurisdiction that prohibits the shares in question from being accessed, disclosed, purchased or subscribed for by such persons (due to their nationality, residency status or any other reason). The information contained herein is of a promotional nature. It does not constitute a prospectus or a key information sheet and should not be construed as advice or an invitation to buy, sell or subscribe for any financial instruments whatsoever. Shares should only be purchased or subscribed for after studying the latest versions of the corresponding prospectus and fund agreement in detail and assessing one's own personal circumstances and the potential legal, regulatory, tax and other consequences, if necessary with the help of a professional advisor. The latest prospectus and fund agreement can be obtained free of charge from Swiss Prime Site Solutions AG (fund manager) and Banque Cantonale Vaudoise (custodian bank) and/or consulted at www.swissfunddata.ch.

THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO UNITED STATES PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF SWISS PRIME SITE AG HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT FROM REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.


End of Media Release

Language:

English

Company:

Swiss Prime Sites Solutions

Prime Tower, Hardstrasse 201

8005 Zürich

Switzerland

ISIN:

CH1139099068

Valor:

11390990

EQS News ID:

1245048


 

End of News

EQS Group News Service

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