Helvetia Asset Management Plans CHF 128 Million Capital Increase

Helvetia Asset Management Ltd, based in Basel, announced a planned capital increase of approximately CHF 128 million for its Helvetia (CH) Swiss Property Fund. The capital is intended for acquiring a real estate portfolio from Helvetia Swiss Life Insurance Company Ltd, valued at approximately CHF 108 million, and further property acquisitions. This move follows an exemption by FINMA granting the company freedom from standard transaction prohibitions with related parties.

The portfolio includes three residential and one commercial property, valued for their quality and strategic location. New units, priced at CHF 105.00, will be available through a public subscription offer in Switzerland, operating on a "best effort" basis. Subscription rights trading is scheduled on the SIX Swiss Exchange from 9 to 17 March 2026, with a subscription period ending on 19 March 2026. This initiative aims to bolster the fund's existing real estate portfolio, enhancing value stability.