CREDIT SUISSE GROUP AG 30.08.2022
Contact for media:
Media Relations Credit Suisse AG, +41 844 33 88 44, media.relations@credit-suisse.com
Contact for investors:
Ulrich Braun, Head of Product and Business Development, Credit Suisse Asset Management (Switzerland) Ltd., +41 44 332 58 08, ulrich.braun@credit-suisse.com
An issue of CHF 140 mn to CHF 170 mn is being reviewed for the Credit Suisse Real Estate Fund Green Property (security no. 10 077 844) for the fourth quarter of 2022. The proceeds of the issue will be used to further expand and diversify the real estate portfolio with a focus on sustainable properties.
The fund management company and the Global Real Estate unit of Credit Suisse Asset Management are reviewing an issue for the Credit Suisse Real Estate Fund Green Property (CS REF Green Property) with a volume of CHF 140 mn to CHF 170 mn. The issue is scheduled to take place in the fourth quarter of 2022. Detailed information about the transaction, including volume, issue price, and subscription ratio, will be announced shortly before the capital increase. The capital increase will preserve the pre-emptive rights of existing unitholders. The proceeds of the issue will be used to further expand and diversify the existing real estate portfolio.
The CS REF Green Property focuses on sustainable construction. It invests in high-quality new construction projects located in strong Swiss economic regions. The aim is to ensure that properties and new construction projects meet the rigorous requirements of the greenproperty seal of quality for sustainable real estate, which evaluates qualitative and quantitative criteria with regard to utilization, infrastructure, energy, materials, and life cycle.
Further information
Annual and semi-annual reports: credit-suisse.com/fundprices
Further information: credit-suisse.com/ch/realestate
Credit Suisse Asset Management (Switzerland) Ltd.
Credit Suisse Asset Management (Switzerland) Ltd. forms part of the Asset Management division of Credit Suisse Group. Asset Management manages assets of over CHF 427.0 billion worldwide (as of June 30, 2022). Based on the global market presence of Credit Suisse Group, Asset Management offers active and passive solutions for traditional and alternative investments as well as dedicated product expertise in Switzerland, EMEA, APAC, and the Americas. Sustainability is a high priority. We offer a wide selection of active and passive investment funds that are aligned with the Credit Suisse Sustainable Investment Framework or replicate a sustainable index. With that in mind, we have different approaches where environmental, social, and governance criteria (ESG criteria) are used at various points in the investment process.
Disclaimer
This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not necessarily a guide to the future. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.
If nothing is indicated to the contrary, all figures are unaudited. The information provided herein is for the exclusive use of the recipient. Neither this information nor any copy thereof may be sent, taken into or distributed in the United States or to any U. S. person (within the meaning of Regulation S under the US Securities Act of 1933, as amended).
The tax treatment depends on the individual circumstances of each client and may vary over time. Credit Suisse does not provide tax advice, and tax implications have not been taken into consideration when calculating the returns.
The Credit Suisse Real Estate Fund Green Property is an investment fund established under Swiss law in the category of "real estate funds," in accordance with the Swiss Federal Act of June 23, 2006, on Collective Investment Schemes (CISA). The fund management company is Credit Suisse Funds AG, Zurich. Credit Suisse (Switzerland) Ltd., Zurich, is the custodian bank. Subscriptions are only valid on the basis of the current sales prospectus with integrated fund contract, simplified prospectus, and most recent annual report (or semi-annual report if more recent). The sales prospectus with integrated fund contract, the simplified prospectus, and the annual and semiannual reports may be obtained free of charge from the fund management company or from any branch of Credit Suisse (Switzerland) Ltd. in Switzerland.
The key risks of real estate investments include limited liquidity in the real estate market, changing mortgage interest rates, subjective valuation of real estate, inherent risks with respect to the construction of buildings, and environmental risks (e.g. land contamination).
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Credit Suisse Group AG published this content on 30 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2022 05:23:05 UTC.
