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An issue of CHF 100 million to CHF 150 million is under consideration for the Credit Suisse Real Estate Fund LogisticsPlus for the third quarter of 2022.
The fund management and Global Real Estate of Credit Suisse Asset Management are considering an issue for the Credit Suisse Real Estate Fund LogisticsPlus (CS REF LogisticsPlus, security number 24563395) with a volume of CHF 100 to 150 million. The issuance is expected to take place in the third quarter of 2022. Detailed information on the transaction, including volume, issue price and subscription ratio, will be announced shortly before the capital increase. The capital increase will preserve the preferential subscription rights of existing unitholders. The proceeds from the issue will be used to further expand and diversify the existing property portfolio.
CS REF LogisticsPlus is the first Swiss real estate fund to invest specifically in logistics and logistics-related real estate in Switzerland. The fund is aimed at private and institutional investors, and its investment objective primarily involves the long-term creation and preservation of asset value and the distribution of appropriate returns.
Credit Suisse Asset Management (Switzerland) Ltd
Credit Suisse Asset Management (Switzerland) Ltd is part of the Asset Management division of Credit Suisse Group. Asset Management manages assets of more than 462 billion francs worldwide (as of March 31, 2022). Leveraging Credit Suisse Group’s global market presence, Asset Management offers active and passive solutions for traditional and alternative investments as well as dedicated product expertise in Switzerland, EMEA, APAC and the Americas. Sustainability is a high priority. We offer a wide selection of active and passive investment funds aligned with the Credit Suisse Sustainable Investment Framework or replicating a sustainable index. With this in mind, we have different approaches where environmental, social and governance criteria (ESG criteria) are used at different stages of the investment process.
This document was produced by and the views expressed are those of Credit Suisse at the time of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or invitation by or on behalf of Credit Suisse to anyone to buy or sell securities. Any reference to past performance is not necessarily a guide to the future. The information and analysis contained in this publication has been compiled or obtained from sources believed to be reliable, but Credit Suisse makes no representation as to its accuracy or completeness and accepts no responsibility for any loss arising from use of it.
Unless otherwise stated, all figures are unaudited. The information provided here is for the exclusive use of the recipient. Neither this information nor any copy thereof may be sent, imported or distributed in the United States or to any United States Person (as defined in Regulation S of the US Securities Act of 1933, as amended).
The tax treatment depends on the individual situation of each client and may vary over time. Credit Suisse does not provide tax advice and tax implications have not been taken into consideration when calculating returns.
The Credit Suisse Real Estate Fund LogisticsPlus is an investment fund under Swiss law belonging to the category of “real estate funds”, in accordance with the federal law of June 23, 2006 on collective investment schemes (LPCC). The fund management company is Credit Suisse Funds AG, Zurich. Credit Suisse (Switzerland) Ltd, Zurich, is the custodian bank. Subscriptions are only valid on the basis of the current sales prospectus with integrated fund contract, the simplified prospectus and the latest annual report (or half-yearly report if more recent). The sales prospectus with integrated fund contract, the simplified prospectus as well as the annual and semi-annual reports can be obtained free of charge from the fund management or any branch of Credit Suisse (Switzerland) Ltd in Switzerland.
The main risks of real estate investments include the limited liquidity of the real estate market, the evolution of mortgage interest rates, the subjective valuation of real estate, the risks inherent in the construction of buildings and environmental risks (e.g. contamination soils).