HIAG Immobilien is the fourth company this year alone to decide to raise capital onSIX Swiss Exchange.
HIAG Immobilien (HIAG) today listed its equities on SIX Swiss Exchange. The opening price was CHF 76, which corresponds to a total market capitalization of around CHF 608 million. HIAG Immobilien is listed in the Standard for Real Estate Companies and is included in the SPI® and SXI Real Estate® indices. By joining the SXI Special Industry Index family, the company will benefit from increased visibility among analysts and investors.
"The addition of HIAG Immobilien sees us welcome a 13th company from the real estate sector. This not only demonstrates the unbroken appeal of high quality companies from this sector in Switzerland, but also the attractiveness of our trading venue", says Marco Estermann, Head Issuer Relations at SIX Swiss Exchange. "All listed companies benefit from our liquid and international market as well as from our comprehensive support".
Portfolio development through IPO
HIAG Immobilien is a leading Swiss developer of former industrial sites at attractive locations. The real estate portfolio is broadly diversified from both a geographical perspective and in terms of usage. It contains a land area totaling 2.4 million square meters spread across 38 locations. The business model of HIAG Immobilien is primarily based on long-term rental agreements with industrial, commercial and private tenants and the long-term appreciation in value of former industrial sites.
"We have a number of projects in the pipeline; the newly raised capital from the IPO will enable us, among other things, to increase our effectiveness in continuing to develop our current portfolio in the long term and to create value for our shareholders", analyses Chief Executive Officer Martin Durchschlag.
Numerous benefits for equity issuers
A listing on SIX Swiss Exchange provides companies with access to strongly capitalized Swiss and international investors. In addition, we make things as simple as possible for them with first-class, needs-oriented services, allowing them to efficiently generate capital and sustainable growth.
A comprehensive overview and helpful information on all topics relevant to going public on SIX Swiss Exchange can be found in the Going Public Guide. Further information on our range of services for issuers can be found on our website.