The Patrimonium Swiss Real Estate Fund has now successfully completed the capital increase that took place from 21 June to 3 July 2018, raising the maximum amount of CHF 98,521,512.
In total, 749,498 new shares were issued at a price of CHF 134.10 per share, with eleven subscription rights entitling holders to purchase two new shares. The subscription rate was 100%, and the new shares were released on 9 July 2018. The number of outstanding shares now stands at 4,871,746. The capital increase was conducted on a best-efforts basis through a public offering. The subscription rights were traded on the SIX Swiss Exchange from 21 to 29 June 2018.
The proceeds from the funding round will be used to repay loans, to fund ongoing projects and to expand the Fund’s portfolio.