News Emission Credit Suisse Real Estate Fund LivingPlus

Emission Credit Suisse Real Estate Fund LivingPlus

Invest in future-oriented housing concepts.

Real Estate LivingPlus Fund

Investment Policy

Credit Suisse Real Estate Fund LivingPlus (CS REF LivingPlus), which was launched in 2007, is a future-oriented real estate fund whose investment strategy focuses on the demographic development and the progressive ageing of the Swiss population. The fund invests primarily in senior housing, modern forms of living with integrated services, and healthcare facilities at attractive locations in Switzerland. It provides institutional and private investors with access to a diversified, high-quality real estate portfolio. The focus is on residential real estate that is fully accessible to those with impaired mobility and provides corresponding services for tenants.

The fund has total assets of CHF 2.54 mn as at December 31, 2015, and offers interesting tax benefits for investors domiciled in Switzerland.

Issue at a Glance

Issue volume Maximum of CHF 170,04 million
Subscription period May 30 to June 10, 2016, 12:00 noon (CET)
Issue price per unit CHF 106.00 net
Subscription ratio Twelve (12) subscription rights entitle the holder to acquire one (1) new unit.
Subscription rights trading From May 30 to June 8, 2016 on the SIX Swiss Exchange AG
Payment of securities subscribed
June 17, 2016
Investor base Private and institutional investor
Security no. / ISIN (unit) 3 106 932 / CH003 106 932 8
Security no. / ISIN (subscription right) 32 259 580 / CH032 259 580 9
Type of issue  The issue will take place on a best-effort basis as part of a public subscription offer in Switzerland.
Utilization The proceeds from the issue will primarily be used to further expand the high-quality real estate portfolio as well as to reduce the debt component.
Fund management  Credit Suisse AG, Zurich
Fund manager Credit Suisse Funds AG, Zurich
Custodian bank  Credit Suisse AG, Zurich
Subscription At all Credit Suisse AG branches in Switzerland

Further Information

Media Release - Announcement DE / FR
Media Release - Details EN
Media Release - Results EN
Client presentation EN
Issuing and listing prospectus
Supplement to issuing and listing prospectus
Application partial reimbursement of the issue commission
Factsheet EN
Semi-annual financial report as of June 30, 2016 DE / FR
Annual financial report as of December 31, 2015 DE / FR