Realstone Industrial Fund raises 20 million francs
The fund has reached its issue target and intends to use the fresh capital to acquire further industrial properties.
The Realstone Industrial Fund, a real estate fund for qualified investors, carried out a capital increase from October 27 to November 7. This was reportedly oversubscribed and the fund raised CHF 20 million as planned. The proceeds of this issue are primarily intended to finance new acquisitions of industrial and commercial properties that have already been secured. In addition to existing investors, new investors also participated in the capital increase, Realstone announced.
Realstone promotes its involvement in industrial real estate as a diversification from residential and commercial real estate. Industrial real estate is still moderately valued compared to other Swiss real estate - especially residential real estate. A dividend yield of around 5% is promised.
