LaingBuisson News
Private equity firm Threestones Capital has sold its care homes portfolio in Germany to Swiss Life Asset Managers for €425m (US$504.1m). It is one of the largest transactions in the sector for the past several years. The divested portfolio consists of 27 healthcare properties across Germany rented out to German and Pan-European operators under long…
You must be a HMI Subscriber to view this content.
Adrian Murdoch has more than 25 years’ experience as an international journalist. He started his career at World Link, the magazine of the World Economic Forum. He covered debt capital markets for Reuters in Singapore throughout the Asian Financial Crisis, and then the European Central Bank in Frankfurt. Most recently he covered healthcare markets in Southeast Asia and worldwide. As a freelancer he has worked for Forbes, The Wall Street Journal, Euromoney, the Scotsman and the BBC. The author of a number of books on the classical world, Adrian has written and p
Swiss Life Asset Management AG: Swiss Life REF (CH) Swiss Properties: Successful capital increase
Swiss Life Asset Management AG / Key word(s): Capital Increase/Acquisition
15-Dec-2020 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.
15 December 2020
Swiss Life REF (CH) Swiss Properties: Successful capital increase
The capital increase of the Swiss Life REF (CH) Swiss Properties real estate fund has been successfully concluded. The issue raised the maximum amount of around CHF 500 million.
The capital increase conducted from 30 November to 11 December 2020 for Swiss Life REF (CH) Swiss Properties attracted a lot of interest from investors. Overall, the issuing volume amounted to some CHF 500 million, or a subscription rate of 100%. This is one of the largest capital increases ever made by a listed real estate fund in Switzerland.