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Helvetica Property provides for a dividend of between 4.50 and 4.75 francs

The real estate company successfully completed its takeover from the Helvetica Swiss Opportunity Fund (HSO Fund) last November.

Helvetica Property plans to pay a dividend of between 4.50 and 4.75 francs for the 2020 financial year. The Zurich group has also leased a 5,900 square meter property to Next Pharma Logistics, a European pharmaceutical logistics company.

The real estate company successfully completed its takeover from the Helvetica Swiss Opportunity Fund (HSO Fund) last November. The newly built property is worth nearly 15.2 million francs, according to the press release on Friday.

The value of the HSO Fund portfolio thus increases to around CHF 66 million. The fund management company is working on the acquisition of other real estate and expects a positive result for the first half of 2020. The half year report will be published on August 31.

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