News Issue Credit Suisse Real Estate Fund International

Issue Credit Suisse Real Estate Fund International

London, Sydney, Washington: Commercial real estate at first-class locations.

Important Information: For qualified investors only. 

Investment Policy

The Credit Suisse Real Estate Fund International (CS REF International, sec. no. 1 968 511), with total fund assets of CHF 2 538,0 million as of June 30, 2015, is the first Swiss real estate fund to invest directly in real estate all over the world. The fund offers qualified investors access to an international portfolio and enables even greater diversification of total assets. The investment focus is on high-quality commercial real estate in attractive locations in Europe, Asia-Pacific, and North, Central, and South America. Foreign currency risks are largely hedged against the Swiss franc.

Issue at a Glance

Issue volume Maximum CHF 189,3 million
Subscription period November 2 to November 13, 2015, 12:00 (CET)
Issue price per unit CHF 1075.00 net
Subscription ratio Twelve (12) old units entitle the investor to subscribe to one (1) new unit
Subscription rights trading Over-the-counter trading of subscription rights via Credit Suisse from November 2 to November 11, 2015, 14:00 (CET)
Issue date November 20, 2015
Investor group Qualified investors (pursuant to para. 5 section 1 of the Fund Agreement)
Certification / safe custody requirement
There is a requirement for safe custody with Credit Suisse AG
Security no. / ISIN (unit) 1 968 511 / CH001 968 511 1
Security no. / ISIN (subscription right) 29 858 166 / CH029 858 166 8
Type of issue  The issue will take place on a best-effort basis as part of a subscription offer in Switzerland.
Utilization The proceeds of the issue will be used to further expand the high-quality real estate portfolio.
Fund management  Credit Suisse AG, Zurich
Management company Credit Suisse Funds AG, Zurich
Custodian bank  Credit Suisse AG, Zurich

Further Information

Media Release - Announcement EN
Media Release - Details EN
Media Release - Results EN
Product presentation EN
Factsheet EN
Issue prospectus
Supplement to issue prospectus
Semi-Annual Financial Report (30st of June 2015)
Annual Financial Report (31st of December 2014)
Issuing notice
Supplement to issuing notice DE / FR