Helvetica plans capital increase for the HSC Fund
Last year, the portfolio of the HSC Fund was continuously expanded into an attractive, diversified and highquality real estate portfolio in good locations in the Swiss economic regions with sustainable rental income. This ensures an attractive distribution yield and high stability due to low debt financing ratio. Since its launch, the fund manager has already been able to expand the portfolio of the HSC fund to more than CHF 400 million, generating a gross actual yield of around 6%.
In order to further develop the portfolio, the fund manager has secured additional properties and is currently engaged in exclusive negotiations for the acquisitions of further properties totaling CHF 150 million.
A listing of the HSC Fund on the SIX Swiss Exchange is planned in 2019. Until then, the fund will continue to be traded OTC through Banque Cantonale Vaudoise, Lausanne.
The details of the capital increase will be announced in due course.
For more information
| Hans R. Holdener CEO and Managing Partner Phone + 41 43 544 70 80 E-Mail hrh@HelveticaProperty.com |
Financial statements are available on the website of the fund manager http://www.HelveticaProperty.com or www.swissfunddata.ch.
About Helvetica Property Investors AG
Helvetica Property Investors is an independent partner-owned and managed real estate fund management company regulated by the Swiss Financial Market Supervisory Authority FINMA. Helvetica Property Investors offers the full spectrum of real estate investments, including investment strategies, investment property selection, deal structuring, acquisitions, financing, portfolio management and sales. The firm offers both direct and indirect real estate investments in Switzerland on behalf of its clients. Helvetica Property Investors acts as fund and asset manager for the Helvetica Swiss Commercial real estate fund.
About Helvetica Swiss Commercial Real Estate Fund
The Helvetica Swiss Commercial real estate fund («HSC») and is an open contractual real estate investment fund under Swiss law open to all investors. The fund is suited for long-term value investors interested in a stable and consistent cash-flow. The fund invests in commercial properties with value appreciation potential across the most dynamic economic regions in Switzerland. The focus is on potentially undervalued properties with an attractive cash-flow yield. The fund manager pursues an active hands-on management approach to unlock and realize hidden potential in the properties by means of revitalization, renovations, vacancy reductions and lease extensions. The long-term goal is to build a broadly diversified portfolio by region, type of use, object size and tenant mix.
Disclaimer
This media release (i) does not constitute an issue prospectus within the meaning of Art. 652a or Art. 1156 of the Swiss Code of Obligations or Art. 27 et seq. of the Listing Rules of the SIX Swiss Exchange nor a prospectus, simplified prospectus or Key Investor Information Document (KIID) within the meaning of the Swiss Collective Investment Schemes Act and (ii) may not be offered to the general public or otherwise made available to the public in Switzerland or from Switzerland. The documents solely relevant for an investment decision can be obtained from Helvetica Property Investors AG.