EQS Group-News: Swiss Prime Sites Solutions / Key word(s): Funds/Real Estate
Swiss Prime Site Solutions, which has been approved as a fund manager by the Swiss Financial Market Supervisory Authority (FINMA), is launching its first real estate fund on 1 November 2021. «We are convinced that investors will benefit from our broad knowledge, excellent market access and high level of asset management expertise», says Anastasius Tschopp, CEO Swiss Prime Site Solutions.
The Swiss Prime Site Solutions Investment Fund Commercial («SPSS IF Commercial») is a contractual real estate fund under Swiss law for qualified investors resident in Switzerland. 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. «Right from the start, the SPSS IFC will offer qualified investors a diversified real estate portfolio in prime locations, with first-class properties and an attractive risk-return profile in the usual Swiss Prime Site quality», says Maximilian Hoffmann, CIO Funds Swiss Prime Site Solutions.
Access to an attractive seed portfolio
Initial issue starts 1 November 2021
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.
Roadshows in the subscription period
In the launch phase of the fund, discounts are granted (in addition to the graduation from higher subscription volumes) from the issuing commission for a firm commitment to subscribe before the start of the subscription period (pre-commitments), provided that the relevant units are subsequently fully paid up (discount for the investor's willingness to support the fund in the launch phase).
In case of a possible oversubscription (max. CHF 250 million), pre-commitments will be fully allocated.
Zurich, 12 October 2021
If you have any questions, please contact:
Swiss Prime Site Solutions AG
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
Swiss Prime Sites Solutions
Prime Tower, Hardstrasse 201
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