Pure Swiss Opportunity REF plans capital increase

With the fresh funds, the company plans to expand its portfolio and "take advantage of acquisition opportunities that arise in the market," Pure Funds writes in a statement. In addition, the leverage ratio is to be reduced.

In terms of acquisitions, the fund management company is reportedly focusing on off-market transactions. There is an extensive acquisition pipeline with attractive properties. The funds from the capital increase will be used in particular to purchase residential properties in Lucerne and St. Gallen as well as on the outskirts of Zurich and in the district of Zofingen. The acquisition is already contractually secured or in advanced negotiations. (aw)