News Issue Credit Suisse Real Estate Fund Siat

Issue Credit Suisse Real Estate Fund Siat

Don't invest just anywhere, but in a good residential location.

Real Estate Fund Siat

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.
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
Supplement to issue prospectus
Issue and listing notice DE / FR
Supplement to issuing and listing notice DE / FR
Application partial reimbursement of the issue commission DE / FR
Semi-annual financial report as of March 31, 2015
Annual financial report as of September 30, 2014