HSL: Capital increase in June

The anticipated issue of the Helvetica Swiss Living Fund is now definite. The fund management company has set June 9 to 19 as the time frame for the subscription period. The aim is to raise CHF 41 million, which puts the targeted issue volume at the lower end of the announced range. When first announced in May, a volume of around CHF 50 million was mentioned (IB reported). The additional capital will be used to expand the portfolio and for investments in the existing portfolio. Properties in eastern Switzerland and Aargau with a total investment volume of CHF 50 million have been exclusively tied up, it was reported. (aw)