HSO Fund - Large leases in Pratteln; further capital increase planned
EQS Group-Ad-hoc: Helvetica Property / Key word(s): Funds/Real Estate Press release September 23, 2021 Zurich, September 23, 2021 - The Fund management company Helvetica Property Investors AG has concluded several long-term leases for the Rüti Center in Pratteln and is planning a capital increase for the Helvetica Swiss Opportunity Fund. The HSO Fund concluded various leases with anchor tenants for retail space of over 6,500 m2 in Pratteln. In the process, existing leases were extended early and new leases were signed, increasing the occupancy rate of these properties to 97.0% as of October 1, 2021 (06.30.2021: 92.5%). The occupancy rate of the overall fund level improved to 98.0% as of October 1, 2021 (06.30.2021: 96.0%). Capital increase to continue growth strategy The exact terms of the planned capital increase such as volume, issue price and subscription ratio will be announced before the start of the subscription period. The HSO Fund is aimed at qualified investors and is traded over-the-counter by Bank J. Safra Sarasin Ltd. Media contact
About Helvetica About Helvetica Swiss Opportunity Fund Ticker Symbol HSO; security 43 472 505; ISIN CH0434725054 End of ad hoc announcement |
Language: | English |
Company: | Helvetica Property |
Brandschenkestrasse 47 | |
8002 Zürich | |
Switzerland | |
Phone: | +41 43 544 7080 |
E-mail: | office@helvetica.com |
Internet: | www.Helvetica.com |
ISIN: | CH0434725054 |
Valor: | 43472505 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1235431 |
End of Announcement | EQS Group News Service |
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1235431 23-Sep-2021 CET/CEST