on Helvetica Property (isin : CH0434725054)
Helvetica Swiss Living Fund announces IPO
The Helvetica Swiss Living Fund (HSL Fund) real estate fund will be listed on the SIX Swiss Exchange from 10 December 2024. FINMA has approved the contractual amendments enabling the fund to be opened to private investors. This listing aims to improve the liquidity and accessibility of the fund.
At the end of October 2024, the HSL Fund portfolio comprised 40 residential properties located in peri-urban areas in German-speaking and French-speaking Switzerland. The market value of the portfolio amounts to approximately CHF 525 million, with an average gross yield of 4.1% and a stable vacancy rate of 4%.
The HSL Fund focuses on low- to middle-income households. A dividend of CHF 2.80 per share is planned for 2024. The management fee has been reduced to 0.45%, strengthening the fund's profitability.
R. P.
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