Baloise Holding AG Boosts Swiss Property Fund with CHF 153.7 Million Capital Increase
In a significant move, Baloise Holding AG, a leading Swiss-based financial institution, has successfully completed its fifth capital increase for the Baloise Swiss Property Fund. This strategic decision has injected CHF 153.7 million into the fund, paving the way for the acquisition of eleven prime properties in economically strong regions.
The properties, which are expected to be acquired in the coming months, will further enhance the fund’s portfolio, solidifying its position as a major player in the Swiss real estate market. With a total portfolio value of around CHF 1.3 billion, the Baloise Swiss Property Fund is well-positioned to capitalize on the growing demand for high-quality commercial and residential properties.
The success of this capital increase is a testament to the expertise of Baloise Asset Management AG, the company’s asset management arm. Through their efforts, the fund has secured the necessary investments to drive growth and expansion. This development is expected to have a positive impact on the fund’s profitability and overall performance, making it an attractive option for investors seeking stable returns.
The acquisition of these new properties will not only enhance the fund’s portfolio but also provide a solid foundation for future growth. With a strong track record of success and a commitment to delivering exceptional returns, the Baloise Swiss Property Fund is poised to continue its upward trajectory.
Key Highlights:
- CHF 153.7 million capital increase for the Baloise Swiss Property Fund
- Acquisition of eleven prime properties in economically strong regions
- Total portfolio value of around CHF 1.3 billion
- Expected enhancement of fund’s profitability and overall performance
- Baloise Asset Management AG secures necessary investments for growth and expansion