Mobifonds: Green light for listing
The CHF 1.2 billion real estate fund has received the necessary approvals for its IPO and will soon be open to all investors.
The listing application for the planned IPO of Mobifonds Swiss Property has been approved by the Six Swiss Exchange. Finma has also approved the necessary amendment to the fund contract.
The fund will be accessible to all investors on the listing date. The IPO is intended to improve the tradability and liquidity of the units in the long term. The fund is also expected to become part of the «SXI Real Estate Broad» (SREAL) and «SXI Real Estate Funds Broad» (SWIIT) indices.
The investment focus of Mobifonds Swiss Property is on young buildings in the residential segment. The portfolio currently comprises 23 properties with a market value of CHF 1.2 billion. (aw)
