Swiss Prime Site Solutions Investment Fund Commercial: start of the subscription period

EQS Group-News: Swiss Prime Sites Solutions / Key word(s): Funds/Real Estate Swiss Prime Site Solutions Investment Fund Commercial: start of the subscription period 2021-11-01 / 10:30

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Press Release

As announced, Swiss Prime Site Solutions is launching its first real estate investment fund with the Swiss Prime Site Solutions Investment Fund Commercial. The subscription period starts today, 1 November 2021, and ends on 10 December 2021 (12 noon), with a payment date of 17 December 2021. The fund is aimed at qualified investors in Switzerland and will be traded over the counter. Investors can join the initial launch at net asset value. Very pleasingly, firm commitments amounting to more than one third of the maximum issue volume were already received before the subscription period.

The fund primarily invests in commercial properties with a high degree of diversification of tenants with a high credit rating and reputation. The long-term focus of use will be on commercial, office and retail space throughout Switzerland. The fund aims to achieve growth of around CHF 200-300 million per year in line with returns and strategy. The intention is for the fund to be listed on the SIX Swiss Exchange within three to five years.

All the fund documentation is available at www.swissfunddata.ch and www.spssolutions.swiss. You can find the subscription form at the following link.

Fund information

Fund name        Swiss Prime Site Solutions Investment Fund Commercial 
Valor / ISIN     113 909 906 / CH1139099068 
Legal form       Contractual real estate fund for qualified investors (Art. 25 ff. CISA) 
Investor base    Qualified investors within the meaning of Art. 10 para. 3 CISA in conjunction with Art. 4 para. 3-5 
                 and Art. 5 para. 1 and 4 FinSA who are resident in Switzerland 
Custodian bank   Banque Cantonale Vaudoise (BCV) 
Valuation        PricewaterhouseCoopers AG, Zurich 
experts 
Fund management  Swiss Prime Site Solutions AG 
Portfolio        Swiss Prime Site Solutions AG 
management 
Tradability      Daily over-the-counter trading through BCV 
Auditor          KPMG AG, Zurich 
Accounting year  1 October to 30 September 
Appropriation of Distributing 
earnings 
Property         Properties are held directly 
Issuing volume   Max. CHF 250 million 
Fund currency    CHF 

Press release (PDF)

Zurich, 1 November 2021

If you have any questions, please contact: Fabian Linke, Head Business Development & Fundraising Tel. [phone], [e-mail] Andrea Schaller, Media Relations Tel. [phone], [e-mail]

Swiss Prime Site Solutions AG Swiss Prime Site Solutions is a group company of the listed Swiss Prime Site AG. The real estate asset manager, which has CHF 3.35 billion in assets under management and a pipeline of over CHF 600 million, develops tailor-made services and real estate solutions for third-party clients. Swiss Prime Site Solutions AG has been approved as a fund manager by FINMA pursuant to Art. 2 (1)(d) in conjunction with Art. 5 (1) FinIA.

The information contained herein is intended solely for distribution in Switzerland and is aimed exclusively at persons who (i) are resident or domiciled in Switzerland and (ii) are classed as qualified investors within the meaning of Art. 10 para. 3 of the Swiss Collective Investment Schemes Act (CISA). The information is expressly not intended for, and may not be distributed to, persons who are subject to a jurisdiction that prohibits the shares in question from being accessed, disclosed, purchased or subscribed for by such persons (due to their nationality, residency status or any other reason). The information contained herein is of a promotional nature. It does not constitute a prospectus or a key information sheet and should not be construed as advice or an invitation to buy, sell or subscribe for any financial instruments whatsoever. Shares should only be purchased or subscribed for after studying the latest versions of the corresponding prospectus and fund agreement in detail and assessing one's own personal circumstances and the potential legal, regulatory, tax and other consequences, if necessary with the help of a professional advisor. The latest prospectus and fund agreement can be obtained free of charge from Swiss Prime Site Solutions AG (fund manager) and Banque Cantonale Vaudoise (custodian bank) and/or consulted at www.swissfunddata.ch.

THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO UNITED STATES PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS DOCUMENT DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF SWISS PRIME SITE AG HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT FROM REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.

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End of Media Release

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Language:     English 
Company:      Swiss Prime Sites Solutions 
              Prime Tower, Hardstrasse 201 
              8005 Zürich 
              Switzerland 
ISIN:         CH1139099068 
Valor:        11390990 
EQS News ID:  1245048 
 
End of News   EQS Group News Service 
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1245048 2021-11-01

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November 01, 2021 05:31 ET (09:31 GMT)