Swiss Prime Site Solutions Swiss-Prime-Site-Solutions-Key-data-for-the-14th-capital-increase-of-the-Akara-Swiss-Diversity-Property-Fund-PK

With a cash flow return of 3.04% and a return on investment of 4.46% for the past year, Akara Diversity PK is among the top NAV-based, tax-exempt real estate investment products in Switzerland. The attractive construction and development pipeline, along with exciting acquisition opportunities, give the fund management company confidence that this positive momentum can be continued in the coming years. As the fund manager for the mixed real estate fund (focus: residential and commercial properties), Swiss Prime Site Solutions is therefore conducting the 14th capital increase. The subscription period will begin on Monday 28 April and end on Friday 16 May 2025 at 12:00 noon. The payment date for the fund units will be 30 May 2025.

14th capital increase for Akara Diversity PK

The 14th capital increase for Akara Diversity PK aims to secure a maximum issuing volume of 88’461 new units. Twenty (20) existing units entitle the bearer to one (1) new unit at the issue price on the payment date of CHF 1’144.00 each (including ancillary costs and issue commission). The issue will be carried out on a best-effort basis under a subscription offer to investors who are eligible under the terms of the fund contract. Unsubscribed units will not be issued.

The issue will give existing investors the opportunity to reinvest the dividend, which will be paid out on 25 April 2025. Existing investors can exercise their subscription rights in respect of the capital increase. If any subscription rights remain unexercised, new investors will have the opportunity to participate in the fund. Investors will have the opportunity to increase their chance of an allocation before the start of the subscription period by means of pre-commitments.

Use of the capital

The capital raised will be used to expand the portfolio in line with the strategy. Exclusive transaction opportunities have already been secured. In addition, ongoing projects from the development pipeline are being financed; this is expected to generate additional rental income of around CHF 19 million over the next four years. Finally, the borrowed capital ratio will also be further reduced if possible.

Akara Diversity PK fund profile

Akara Diversity PK, which comprises total fund assets of about CHF 3.0 bn, is open to tax-exempt pension funds and social insurance and compensation funds registered in Switzerland. Investment funds may also invest if their investor base consists solely of the above-mentioned tax-exempt institutions domiciled in Switzerland. The valuation of the shares is based on the NAV without premiums/discounts, which reduces volatility. Investment is made in existing properties and development and construction projects with residential or commercial usage types (50%, ±15 percentage points) throughout Switzerland. It aims to achieve a steady and attractive distribution, long-term value growth and broad diversity. Most properties are held directly.

Swiss Prime Site Solutions AG

Swiss Prime Site Solutions is a group company of the listed Swiss Prime Site AG. The real estate asset manager, which has about CHF 13 bn in assets under management and a development pipeline of CHF 1.5 bn, develops tailor-made services and real estate solutions for clients. Swiss Prime Site Solutions AG has been approved as a fund manager by FINMA pursuant to Art. 2 para. 1 (d) in conjunction with Art. 5 para. 1 FinIA.