Helvetia Asset Management AG is postponing the subscription period for the first issue of the Helvetia (CH) Swiss Property Fund. As communicated in the media release of 9 March 2020, the subscription period should have started today. The reason for the postponement is the currently challenging investment environment due to COVID-19. As a result of this postponement, the launch of the real estate fund – originally scheduled for mid-April – will also take place at a later date. The Helvetia (CH) Swiss Property Fund will invest directly in real estate assets in Switzerland, mainly in large and mid-sized towns and cities and their conurbations. Investment will focus on residential properties, supplemented by commercial and mixed-use properties.
Helvetia Asset Management AG will inform about the new schedule for launching the Helvetia (CH) Swiss Property Funds at the End of April 2020.