Erres: Fund plans capital increase of up to 450 million this year
In September, Edmond de Rothschild intends to launch an issue in the region of CHF 350 to 450 million - in particular for acquisitions that have already been secured.
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The Board of Directors of Edmond de Rothschild Real Estate Sivac (Erres Swiss) plans to increase the fund's capital by between CHF 350 million and CHF 450 million in September. This is intended to finance «new, secured acquisitions». The funds are also earmarked for ongoing development, construction and refurbishment projects and the sustainable reduction of the debt ratio. «The
The Board of Directors will specify the amount by the end of June, depending on the development of market conditions and the pipeline secured by the manager,» according to a statement. The fund management company has announced that it will publish its annual report for the 2025/26 financial year on June 24.
