Pure Swiss Opportunity plans capital increase
The real estate fund plans to raise CHF 120 million in May through an issue for new purchases.
Pure Funds AG, as the fund management company for the Pure Swiss Opportunity REF, is planning a capital increase of around CHF 120 million. The subscription period is scheduled for May 11 to 22. The fresh funds will be used to make further purchases. According to Pure, negotiations for the properties in question are at an advanced stage. The aim is to increase both the residential quota and the location and property quality of the portfolio.
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