Founded in 1997, Infracore today owns, develops and manages a healthcare real estate portfolio valued at approximately CHF 1.4 billion, comprising 47 high-quality properties across 19 prime locations in Switzerland. Today’s Initial Public Offering (IPO) marks a major milestone in the company’s growth journey, establishing a solid foundation for future initiatives and a strengthened market position.
The issued and outstanding share capital of Infracore following the IPO consists of 15,296,296 registered shares. The IPO included 3,703,703 newly issued registered shares and 505,500 existing registered shares, offered at a fixed price of CHF 54.00 per share. In addition, an over-allotment option of up to 420,920 existing registered shares was made available. Including the over-allotment option, the total placement volume amounts to approximately CHF 250 million. Infracore will raise gross proceeds of approximately CHF 200 million through the issuance of the newly issued shares.
Infracore intends to use a majority of the proceeds to fund a sale-and-leaseback pipeline in the near future and to repay shareholder loans. The company will be included in the Swiss Performance Index (SPI) family on the second trading day.
Zürcher Kantonalbank and Citigroup acted as Joint Global Coordinators and Joint Bookrunners, alongside Baader Bank as Joint Bookrunner, with Swiss Finance & Property AG serving as Co-Manager, Octavian AG as Selling Agent, and Rothschild & Co acting as financial advisor to AEVIS VICTORIA SA, the anchor shareholder of Infracore SA and selling shareholder in the transaction.
Eric Frey, CEO at Infracore: “With the IPO, Infracore is entering a new chapter. As a specialized owner and developer of healthcare real estate in Switzerland, we benefit from a strong market position in a sector supported by stable, long-term demand. The listing will increase our visibility, enhance our financial flexibility, and provide a solid foundation for the continued expansion of our portfolio. We look forward to pursuing our growth strategy together with our existing and future shareholders.”
Tomas Kindler, Global Head Exchanges & Executive Board Member, SIX: “We are delighted to welcome Infracore to SIX Swiss Exchange. The successful IPO underscores the company’s leading position in the Swiss healthcare real estate market and highlights the continued attractiveness of the Swiss capital market for high-quality real estate companies. We congratulate Infracore on this important milestone and look forward to supporting the company in its next phase of growth as a publicly listed company.”
Further information about Infracore.