News Issue Credit Suisse Real Estate Fund Siat
Share Buttons
Don't invest just anywhere, but in a good residential location.
Investment Policy
With total fund assets of CHF 2.48 billion as at March 31, 2015, 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 239.2 million |
| Subscription period | 24th of August till 4th of September, 2015, 12.00 (CET) |
| Issue price per unit | CHF 151.00 net |
| Subscription ratio | Eight (8) former units entitle the holder to the purchase of one (1) new unit. |
| Subscription rights trading | Official subscription rights trading will take place from 24th of August till 1th of September, 2015 on the SIX Swiss Exchange AG. |
| Proof of subscription rights |
Coupon no. 17 from former CS REF Siat units |
| Payment of securities subscribed |
11th of September, 2015 |
| Investor base |
Private and institutional investors |
| Swiss Security Number / ISIN (unit) |
1 291 370 / CH001 291 370 0 |
| Swiss Security Number / ISIN (subscription right) |
29 091 248 / CH029 091 248 1 |
| Type of issue | The issue will take place on a best-effort basis as part of a public subscription offer in Switzerland. |
| Use |
The proceeds of the issue will be used to further expand the high-quality investment 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 | DE / FR |
| Media Release - Details | DE / FR |
| Media Release - Results | DE / FR |
| Client presentation | EN |
| Issue prospectus |
DE / FR |
| Supplement to issue prospectus |
DE / FR |
| Issue and listing notice | DE / FR |
| Supplement to issuing and listing notice | DE / FR |
| Application partial reimbursement of the issue commission | DE / FR |
| Factsheet |
EN |
| Semi-annual financial report as of March 31, 2015 |
DE / FR |
| Annual financial report as of September 30, 2014 |
DE / FR |
Specialist:
- Ulrich Braun, telephone +41 44 332 58 08