Helvetia Asset Management postpones subscription period for first issue of Helvetia (CH) Swiss Property Fund Montag, 23. März 2020 - 07:15
Media release
Basel, 23 March 2020
Helvetia Asset Management postpones subscription period for first issue of Helvetia (CH) Swiss Property Fund
Owing to the currently challenging investment environment, Helvetia Asset Management AG is postponing the launch of the subscription period for the first issue of the Helvetia (CH) Swiss Property Fund, originally scheduled for today. The new launch schedule will be communicated at the end of April 2020.
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.
For further information please contact:
Analysts Susanne Tengler Head of Investor Relations Phone: +41 58 280 57 79 | Media Jonas Grossniklaus Senior Manager Corporate Communications & PR Phone: +41 58 280 50 33 |
About Helvetia Asset Management AG
Helvetia Asset Management AG has its registered office in Basel, Switzerland, and is a wholly owned subsidiary of Helvetia Holding AG, St. Gallen, Switzerland.
