Helvetica Property Investors AG
- WKN: A2DXEX
- ISIN: CH0335507932
- Land: Schweiz
Nachricht vom 25.02.2019 | 07:38
Helvetica Property Investors AG: Capital Increase for the HSC Real Estate Fund starts on March 4, 2019
The fund manager Helvetica Property Investors will carry out a capital increase of up to CHF 75 million for the HSC fund starting March 4 to 22, 2019 (12.00 CET). Each existing share will be allotted one (1) subscription right. Four (4) subscription rights entitle to the subscription of one (1) new share against cash payment. Accordingly, the fund management decided to issue up to 694'856 new shares. This will increase the total number of outstanding shares from 2'779'425 to at most 3'474'281. The net issue price will be CHF 110.66 for each new share of the HSC Fund. The issue price was calculated according to the fund contract (§17 section 3). The precise number of newly issued shares will be determined after the end of the subscription period, based on the number of subscriptions. Payment for the subscribed new shares will be due on March 28, 2019.
There will be no trading of subscription rights during the issuance. Subscription rights not exercised during the subscription period expire worthless and without compensation. The fund management reserves the right, after the subscription period has expired, to acquire units that have not been subscribed for and then to place them on the market free of charge together with the custodian bank or third parties with due diligence. The goal of the capital increase is to gain additional equity to further expand and grow the high-quality portfolio.
The fund manager has already secured additional properties for the fund and is negotiating, in some cases exclusively, the purchase of further properties with a total volume of around CHF 150 million. This announcement does not constitute an issuing prospectus according to Article 652a and Article 1156 of the Swiss code of obligations.
A listing of the HSC Fund on the SIX Swiss Exchange is planned in the course of 2019. Until then, the fund will continue to be traded OTC through Banque Cantonale Vaudoise, Lausanne.
All press releases can be found at www.HelveticaProperty.com
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.
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. Investments in financial products are associated with various risks, including the potential loss of invested capital. The price, value and return of collective investment schemes are subject to fluctuations. Past performance is not an indicator of future performance and does not guarantee future success. Helvetica Property Investors AG does not guarantee the realisation of the expected increases in value. Detailed information on securities trading and investments in collective investment schemes can be found in the brochure "Special Risks in Securities Trading" published by the Swiss Bankers Association. The information contained in this publication has been obtained from sources believed to be reliable by Helvetica Property Investors AG. Helvetica Property Investors AG does not, however, give any express or implied guarantee that the information and elements published are correct, complete, accurate or up-to-date. Helvetica Property Investors AG shall not be liable for any loss or damage (direct, indirect or consequential) caused by or in connection with the distribution of this document or its contents. The information contained in this document is subject to change without notice. Neither this media release nor copies thereof may be sent, taken or distributed in the United States or given to U.S. persons (within the meaning of Regulation S under the U.S. Securities Act of 1933, as amended). The same applies to all states and countries in which such distribution is prohibited.
Document title: Media Release HSC starts Capital Increase
Issuer: Helvetica Property Investors AG
Key word(s): Real estate
|Company:||Helvetica Property Investors AG|
|Phone:||+41 43 544 7080|
|Listed:||SIX Swiss Exchange|
|End of News||EQS Group Media|
Event im Fokus
Fachkonferenz Beteiligungsgesellschaften, 15.07.2020
Fachkonferenz Consumer / Leisure, 16.07.2020
Die Konferenzen finden aufgrund der aktuellen Situation nicht in den Räumen der Börse München statt, sondern als Online-Konferenz.
Anleihe der German Real Estate Capital S.A. stark überdurchschnittlich attraktiv
Die Anleihe der German Real Estate Capital S.A. weist aktuell eine Effektivverzinsung von ca. 14 % auf. Da es sich hier quasi um eine Immobilien-Anleihe handelt, ist das Anleiherisiko überschaubar. Insgesamt verfügt die German Real Estate-Gruppe über 6 Objekte, 24 Bestands- und 22 Handelsobjekte, womit eine Kombination aus stetigen Einnahmen und attraktiven Entwicklerrenditen erreicht wird. Wir stufen die Anleihe als stark überdurchschnittlich attraktiv ein.