Shares of Swiss Finance & Property Investment AG (SFPN) are being traded today on SIX Swiss Exchange for the first time, under the "Standard for Real Estate Companies". The opening price was CHF 83.00. This corresponds to a capitalization of the listed shares of CHF 99.6 million.
According to the listing prospectus, 1,200,233 shares at CHF 43.70 each were listed on SIX Swiss Exchange and admitted to trading. At the same time, trading in SFPN subscription rights begins today on SIX Swiss Exchange allowing subscription of up to 671,736 new registered shares, thereby enabling a capital increase by up to CHF 68 million.
Swiss Finance & Property Investment AG is a Swiss real estate company with registered office in Zurich. It is engaged in developing and managing a portfolio of investment properties and in acquiring real estate. As part of its business, Swiss Finance & Property Investment AG invests in commercial and residential properties with development potential. The company looks primarily for investment properties that can be optimized for sustainability through cost management, repositioning, further development, restructuring of lease agreements and other measures.
Swiss Finance & Property Investment AG was listed from November 2007 until 16 April 2012 on BX Berne eXchange (symbol: SFPN, security no.: 3281613, ISIN CH0032816131).