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06.12.2018 Issuers

IPO of Fundamenta Real Estate on SIX

11th new listing on SIX this year – a figure that was last achieved in 2005.

On 6 December 2018, a further real estate company joins the "Standard for Real Estate Companies" increasing the number of companies listed with SIX in this segment to 17. The aggregated market capitalization of all companies listed in this Standard exceeds CHF 20 billion.

The opening price was CHF 14.70, which translates into a market capitalization of CHF 364 million. Jos Dijsselhof, CEO SIX, stressed: "The real estate sector is very important to the economy. It is therefore our great pleasure to be welcoming Fundamenta Real Estate to our exchange today".

Dr. Andreas Spahni, Chairman of the Board of Directors of Fundamenta Real Estate: "The IPO on SIX is an important milestone for the further development of the company. The capital increase, which was successfully completed at the same time, allows targeted investments in the existing portfolio, the realization of ongoing development projects as well as the selective expansion of the portfolio with a focus on residential use in the medium rental segment".

The issued share capital of Fundamenta Real Estate AG comprises 24'781'361 registered shares. A total of 5'857'840 new registered shares were placed in the offering. At an issue price of CHF 14.50, the total placement volume (excluding over-allotment option) corresponds to CHF 85 million. Furthermore, Fundamenta Real Estate AG granted the Lead Manager an over-allotment option of 450'000 new shares, exercisable within 30 calendar days after the first trading day.

Fundamenta Real Estate AG ("FREN") is a Swiss real estate company that focuses on investments in residential real estate in the medium rental segment. The focus of the investment portfolio is on real estate in the German-speaking part of Switzerland with sustainable and stable rent perspectives, good development and development prospects and/or optimization potential.



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