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Successful Capital Increase of Helvetica Swiss Commercial Real Estate Fund

Communiqué de presse

Zurich, April 28, 2017– Helvetica Property Investors has successfully completed the first capital increase of the Helvetica Swiss Commercial Fund, raising a total of CHF 48.2 million. The proceeds will be invested in real estate assets throughout Switzerland and in line with the fund’s investment strategy.

The capital increase, set in the period between March 15 and April 13, 2017, attracted solid interest among qualified investors and was successfully closed with a capital inflow of CHF 48.2 million.

The capital increase was carried out on a best-effort basis as part of a subscription offer in Switzerland. During the subscription period, a par for par subscription right to acquire new shares was granted to existing shareholders. Non-exercised rights expired and became valueless.

A total of 463,100 new share certificates were issued at a price of CHF 104.00 per share. The payment of the new shares is due on April 27, 2017. After that date, the number of shares in circulation will be 1’235’300. The proceeds of the capital increase will be used to further expand the high-quality real estate portfolio and to reduce the loan to value ratio of the fund.

"Again, we will be able to invest the equity proceeds in properties of good quality shortly after the shares are being paid. This demonstrates our skills in acquiring attractive properties off-market. Putting money to work quicklyis more important than ever in times when interest rates are negative," said Frederic Königsegg, CIO, Head Investments with the Fund Manager.

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