Pretium Real Estate Fund before listing
The fledgling fund is due to go public on the Six Swiss Exchange in May.
Pretium Invest AG, the fund management company of the Pretium Real Estate Fund, is planning to list the fund on the Swiss stock exchange on May 18. The listing application has been approved by the Six Swiss Exchange, Pretium announced. Finma has also approved the amendment to the fund contract regarding the opening to the public.
The Pretium Real Estate Fund invests in residential real estate and mixed-use properties in Switzerland. At the end of the first completed financial year, the net fund assets amounted to just under CHF 240 million (IB reported). The vehicle has already completed two capital increases. (aw)
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