on Swiss Life Asset Management AG (isin : CH0293784861)
Swiss Life Asset Management AG announces capital increase for June/July 2024
Swiss Life REF (CH) ESG Swiss Properties, managed by Swiss Life Asset Management AG, plans a capital increase in June or July 2024. The objective of this operation is to acquire a real estate portfolio, mainly composed of well-located residential buildings . This project is awaiting approval by FINMA.
The company plans to raise up to 650 million francs to finance the purchase, remediation and densification of existing housing and reduce third-party financing. This strategy should strengthen the profitability of the fund. In addition, investors will benefit from the new management fee scale introduced the previous year. Key details will be released in late May 2024.
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