Swiss Prime Fondation completes an issue of 69.3 million CHF

Swiss Prime Investment Foundation announces that it has successfully completed the issue of the “SPF Immobilier Suisse” investment group. During the period from May 17 to June 14, 2024, this operation raised CHF 69.3 million. Adding a contribution in kind from the Dätwyler Holding AG pension fund, the equity now amounts to around CHF 113 million for the first half of 2024.

The capital collected will mainly be used for the acquisition of new buildings, the financing of very profitable development and construction projects, and also to reduce the debt ratio. The projects include Riverside Living II in Zuchwil and La Colombe in Bienne.

A notable change in the foundation's management sees Deniz Orga take the position of Chief Operating Officer, succeeding Reto Felder.