An issue of CHF 100 million to CHF 150 million is under review for the Credit Suisse Real Estate Fund LogisticsPlus for Q3 2022.
The fund management company and the Global Real Estate of Credit Suisse Asset Management are reviewing an issue for the Credit Suisse Real Estate Fund LogisticsPlus (CS REF LogisticsPlus, securities no. 24563395) with a volume of CHF 100 million to CHF 150 million. The issue is scheduled to take place in Q3 2022. Detailed information about the transaction, including volume, issue price, and subscription ratio, will be announced shortly before the capital increase. The capital increase will preserve the pre-emptive rights of existing unitholders. The proceeds of the issue will be used to further expand and diversify the existing real estate portfolio.
CS REF LogisticsPlus is the first Swiss real estate fund to invest specifically in logistics and logistics-related real estate in Switzerland. The fund caters to private and institutional investors, and its investment objective mainly involves the long-term creation and preservation of asset value and the distribution of appropriate returns.