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Helvetia Asset Management postpones subscription period for first issue of Helvetia Swiss Property Fund

Τρίτη, 24 Μαρτίου 2020 17:48

Helvetia Asset Management AG is postponing the subscription period for the first issue of the Helvetia (CH) Swiss Property Fund.

As communicated in the media release of 9 March 2020, the subscription period should have started today.

The reason for the postponement is the currently challenging investment environment due to COVID-19. As a result of this postponement, the launch of the real estate fund – originally scheduled for mid-April – will also take place at a later date.

The Helvetia (CH) Swiss Property Fund will invest directly in real estate assets in Switzerland, mainly in large and mid-sized towns and cities and their conurbations. Investment will focus on residential properties, supplemented by commercial and mixed-use properties.

Helvetia Asset Management AG will inform about the new schedule for launching the Helvetia (CH) Swiss Property Funds at the End of April 2020.

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