24.08.2020
Artikel Nummer: 32884
Fund manager invests in logistics real estate
As planned, fund management company Helvetica Property Investors was able to transfer a special logistics property purchased in November 2019 to the Helvetica Swiss Opportunity Fund (HSO Fund).
The property, which was newly built by the company's subsidiary Methabau in Schaffhausen in 2020, has a market value of around CHF 15.2 million and is fully let to NextPharma Logistics on a long-term 15-year lease contract.
NextPharma will use the 5,900 sqm rented space for a warehouse for the distribution of pharma products in Switzerland. Annual rent income amounts to roughly CHF 700,000 and the lease contract runs without break option until 2035. All in all a profitable transaction for Helvetica. (mw)