Pure Swiss: date set for IPO
Finma has cleared the way for the listing. This is scheduled to take place on December 20. The fund significantly increased its net income in the first half of the year.
The Pure Swiss Opportunity REF (PSO) real estate fund is planning to list on the SIX Swiss Exchange on October 20. As announced by the fund management company, Finma has approved the amendments to PSO's fund contract with a view to opening it up to public investors. The new fund contract will enter into force on October 1. "The planned listing on the SIX Swiss Exchange is intended to increase the fund's visibility on the market and facilitate liquidity and access for investors," Pure writes in a press release. With the listing, the fund is also expected to be included in the "SXI Real Estate Broad" and "SXI Real Estate Funds Broad" indices.
Rental income increased
The PSO portfolio consists of 17 properties as at September 30, 2025. Net rental income rose from CHF 2.9 million to CHF 3.8 million in the first half of the year, while net income increased from CHF 1.8 million to CHF 2.8 million. Realized gains from sales of CHF 1.9 million contributed to the increase in realized income from CHF 1.8 million to CHF 4.7 million. Total income rose from CHF 1.9 million to CHF 6.4 million, including a positive valuation balance of CHF 1.7 million. The return on investment and the return on equity both amounted to 4.7% (previous year: 2.0%).
Purchases in the 1st half-year
- Zurich, Altstetterstrasse 186 (8.37 m)
- Kriens, Kosthausstrasse 1, 3, 5 & 7 (9.60 m)
- Zurich, Bederstrasse 103 & 103a (7.25 million)
- Berne, Amthausgasse 1 (11.25 m)
Sales
- Moosleerau, Im Winkel 215
- Sissach, Itingerstrasse 4-14
