Akara: Third issue of the year starts in November
The real estate fund managed by SPS Solutions intends to raise 80 to 120 million Swiss francs from investors as part of the next capital increase.
After the two oversubscribed issues in the spring Swiss Prime Site Solutions is launching another capital increase for the Akara Diversity PK real estate fund. The subscription period for the 16th capital increase runs from November 19 to December 9. A volume of between CHF 80 million and CHF 120 million has been announced. The fund intends to use the capital raised to expand its portfolio and finance ongoing development projects. «Exclusive transaction opportunities worth around CHF 100 million are currently being examined, including high-yield residential and commercial properties,» writes SPS Solutions. As part of the existing development pipeline, around 950 new-build apartments and 20,000 sqm of commercial space are also to be realized by 2029, with expected additional rental income of around CHF 21 million.
Akara Diversity PK currently has total assets under management of around CHF 3.0 billion. For the first half of 2025, the fund reported an investment return of 2.56% with a cash flow return of 1.66%. Compared to the benchmark «KGAST Immo-Index Mixed», an outperformance of 75 basis points was achieved. (aw)
