Helvetia places property fund on the stock exchange
The Helvetia (CH) Swiss Property Fund was successfully listed on the SIX Swiss Exchange on June 25. The fund achieved a total capitalization of around 890 million francs and was included in the SXI Real Estate Broad and SXI Real Estate Funds Broad indices.
The Helvetia (CH) Swiss Property Fund was listed on the SIX Swiss Exchange on 25 June as planned, Helvetia Asset Management AG announced in a press release. The fund was included in the SXI Real Estate Broad and SXI Real Estate Funds Broad indices on the stock exchange. The successful placement brought the fund a total capitalisation of around CHF 890 million.
The investment manager, which is part of the Helvetia Group, launched the fund, which focuses on high-quality residential property, in 2020. It currently has 46 properties in various locations, diversified in terms of age and tenant structure. Their market value totalled CHF 1.072 billion as at the end of March.