Baloise Swiss Property Fund: Planned capital increase for the acquisition of a property portfolio Mittwoch, 19. Juni 2019 - 07:00

Media information

Basel, 19 June 2019. The Baloise Swiss Property Fund is examining the possible acquisition of a property portfolio with a market value of approximately 193.9 m Swiss francs. To fund this transaction the fund management company is planning a capital increase in autumn 2019.

The Baloise Swiss Property Fund, a contractual investment fund of the real-estate variety for qualified investors as defined under Art. 10, para. 3, 3bis and 3ter of the Swiss Federal Act on Collective Investment Schemes (CISA), was successfully launched as of 1 October 2018. As of 31 March 2019, the property portfolio consisted of 35 properties with a market value of approximately 355.4 m Swiss francs.

In order to further increase the growth of the Baloise Swiss Property Fund, the fund management company is examining the possible acquisition of 20 properties valued at 193.9 m Swiss francs by Baloise Insurance Ltd and Baloise Life Ltd. The Swiss Financial Market Supervisory Authority (FINMA) granted approval for this transaction as defined under Art. 63 of the CISA on 14.06.2019.

To fund the acquisition of this property portfolio a new issue of units is planned in autumn 2019. Purchasing the property portfolio will give investors in the Baloise Swiss Property Fund the opportunity to benefit from a broader diversification. The property portfolio consists of 20 core/core plus properties distributed throughout Switzerland. This portfolio is characterised by optimum locational quality with high income and value stability. The residential share of this property portfolio is 77%.

The exact terms of the planned capital increase will be disclosed in a timely manner.

Fund information

Further information

• Media information at www.baloise.com

• www.baloise-asset-management.com

About Baloise Asset Management

Baloise Asset Management Schweiz AG has been in existence as an investment adviser and asset manager ever since the Corporate Division Asset Management (KB AM) was founded in 2001. Baloise Asset Management (BAM) meets the growing needs of the Group and of third parties for high-quality financial products and expert portfolio management. The Baloise pension investment foundation (BAP) was founded in 1995 for the management of funds in connection with Pillars 2 and 3a of the Swiss social security system. Luxembourg-based SICAV Baloise Fund Invest (LUX) (BFI) was founded in 2001 in order to offer proprietary fund solutions in Baloise’s retail business, while Baloise Immobilien Management AG commenced operations in 2018.

Contact

Baloise Group, Aeschengraben 21, CH-4002 Basel

Website: www.baloise.com

Email: media.relations@baloise.com / investor.relations@baloise.com

Media Relations:Tel.: +41 58 285 76 09

Investor Relations:Tel.: +41 58 285 81 81

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The Baloise Group is more than just a traditional insurance company. The changing security, safety and service needs of society in the digital age lie at the heart of its business activities. The 7,200 or so employees of Baloise therefore focus on the wishes of their customers. The best possible customer service, combined with innovative products and services, makes Baloise the first choice for people who want to feel ‘simply safe’. Located at the heart of Europe, with its head office in Basel, the Baloise Group is a provider of prevention, pension, assistance and insurance solutions. Its core markets are Switzerland, Germany, Belgium and Luxembourg. In Switzerland, with Baloise Bank SoBa, the Group also operates as a specialised financial services provider, offering a combination of insurance and banking services. The Group offers innovative pension products to retail customers throughout Europe from its competence centre in Luxembourg. Bâloise Holding Ltd shares are listed in the main segment of the SIX Swiss Exchange.

Disclaimer:

This notice serves solely for information purposes and does not constitute an offer or a recommendation to subscribe to or redeem fund units or to acquire or sell financial instruments or bank services. It is expressly not intended for persons whose nationality or place of residence prohibits them from accessing such information under the applicable legislation. Neither this document nor copies thereof may be sent or taken to the United States or distributed in the United States or to a US person (within the meaning of Regulation S of the US Securities Act of 1933 as amended). Please note that past performance does not provide any indication of current or future performance and that performance data does not take into account the commission and costs imposed during the issue and redemption of the units. This document is not a substitute for personal advice. No liability is assumed for the information contained in this document being accurate, complete or up to date. The fund management company does not warrant for its content and completeness and assumes no liability for any losses which may arise from the use of this information. The recipient is specifically advised in any case to enlist the help of an adviser to review the information in relation to its compatibility with his or her own personal circumstances, and to examine any legal, regulatory, tax or other consequences. The Baloise Swiss Property Fund is a contractual investment fund under Swiss law of the “real-estate fund” variety which is reserved for qualified investors as defined under Art. 10, para 3, 3bis and 3ter of the Swiss Federal Act on Collective Investment Schemes (CISA). The current fund contract and annex and the relevant current annual report form the sole binding basis for acquiring or subscribing to fund units. This notice does not constitute a prospectus within the meaning of Art. 652a or 1156 of the Swiss Code of Obligations (CO) or Art. 27 et seqq. of the listing regulations of SIX Swiss Exchange AG. The fund contract including the annex and the annual report can be requested free of charge from the fund management company, Baloise Real Estate Management Ltd, Aeschengraben 21, 4051 Basel, from the distribution agent, Baloise Asset Management Switzerland Ltd, Aeschengraben 21, 4002 Basel, or from the custodian bank, UBS Switzerland AG, Bahnhofstrasse 45, 8001 Zurich.