News Issue Credit Suisse Real Estate Fund Siat

Issue Credit Suisse Real Estate Fund Siat

Invest in good residential areas.

Real Estate Fund Siat

Investment Policy

With total fund assets of CHF 2 695.4 million as at March 31, 2016, Credit Suisse Real Estate Fund Siat (CS REF Siat) invests primarily in residential properties. The fund also has selected commercial properties, which are let to prime tenants on a long-term basis. It gives private and institutional investors access to a diversified portfolio of interesting properties, mainly in Swiss cities or their metropolitan areas. Furthermore, the real estate fund focuses on sustainable asset preservation, the continual renewal of the portfolio, and the appropriate distribution of earnings.

Issue at a Glance

Issue volume Maximum of CHF 174,6 million
Subscription period August 22 to September 2, 2016, 12:00 noon (CET)
Issue price per unit CHF 147.00 net
Subscription ratio Twelve (12) subscription rights entitle the investor to subscribe to one (1) new unit.
Subscription rights trading From August 22 to August 31, 2016 on the SIX Swiss Exchange AG
Issue date September 9, 2016
Investor group Private and institutional investor
Security no. / ISIN (unit)
1 291 370 / CH001 291 370 0
Security no. / ISIN (subscription right) 33 202 665 / CH033 202 665 4
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 of the issue will be used to further grow the high-quality real estate portfolio.
Fund management  Credit Suisse AG, Zurich
Fund management company 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 EN
Media Release - Details EN
Media Release - Results EN
Client presentation EN
Issuing and listing prospectus from August 11, 2016
DE / FR
Supplement to issuing and listing prospectus from September 8, 2016
DE / FR
Issuing notice from August 22, 2016
DE / FR
Supplement to issuing notice from September 9, 2016
DE / FR
Application partial reimbursement of the issue commission
DE / FR
Factsheet Fundgateway
Semi-annual financial report as of March 31, 2016
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Annual financial report as of September 30, 2015
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