Credit Suisse Press Release

Press Release

Successful issue for Credit Suisse Real Estate Fund LogisticsPlus

Ad hoc announcement pursuant to article 53 LR

The capital increase for the Credit Suisse Real Estate Fund LogisticsPlus (security no. 24 563 395) was successfully concluded. The issue results in the maximum amount of CHF 108 million in new assets flowing into the fund.

The issue was carried out on a commission basis ("best-effort basis") from August 29 to September 9, 2022, within the framework of a public rights offering in Switzerland. Official subscription rights trading took place on the SIX Swiss Exchange from August 29 to September 7, 2022. With a subscription ratio of seven to one (seven subscription rights entitled the holder to subscribe to one new unit), 1,000,000 new units were issued at the issue price of CHF 108.00 net per unit. This is equivalent to a subscription rate of 100%. The maximum amount of CHF 108 million in new assets is flowing into the Credit Suisse Real Estate Fund LogisticsPlus. Payment of the new units subscribed will be effected on September 16, 2022. The number of units in circulation is now 8,000,000 and the fund's net assets now total CHF 844.8 million. 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. Its investment objective mainly involves the long-term creation and preservation of asset value and the distribution of appropriate returns. The group of investors is not limited.

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