Swiss Finance & Property can act as a securities house
Zurich-based Swiss Finance & Property AG has received approval as a securities firm from the Swiss Financial Market Supervisory Authority. This enables the company to expand its range of services.
The Swiss Financial Market Supervisory Authority (FINMA) has issued Swiss Finance & Property AG with a license to operate as a securities firm. This enables the company to support, for example, Swiss real estate funds, real estate stock corporations and selected stock corporations with issues and capital increases. Swiss Finance & Property can act as a bank-independent lead or co-lead manager.
"The securities house license is also a further step towards professionalization and makes us even more competitive overall," said Adrian Murer, CEO of the Swiss Finance & Property Group, in a press release .
Swiss Finance & Property will also add market making to its range of services. "With market making, Swiss Finance & Property AG can provide the necessary liquidity even in volatile markets," explains Florian Lemberger, Head of Corporate Finance & Banking at Swiss Finance & Property AG. The company wants to set up an in-house trading team that will provide the off-exchange block capacities.
The approval will lead to changes in the organizational structure, it is said. For example, the management of direct and indirect real estate investments is clearly separated.