Helvetica Property
/ Key word(s): Real Estate
Press release Zurich, 15 September 2023 – Helvetica, one of the leading real estate fund and asset management companies, is implementing organisational measures to optimise its future-oriented processes. The Executive Board is becoming more streamlined with certain roles being refilled, whilst the company’s portfolio is being optimised and its value creation chain expanded through the integration of property management. Growth and consolidation The process of portfolio optimisation through the sale of non-strategic properties as part of the company’s wider strategy began in early 2023 and is being pursued on a consistent basis. At the same time, Helvetica remains committed to listing the Helvetica Swiss Living Fund (HSL Fund) by the end of 2024 as planned and is preparing for the merger of the Helvetica Swiss Opportunity Fund (HSO Fund) with the listed Helvetica Swiss Commercial Fund (HSC Fund) in order to generate more liquidity for investors. This is subject to FINMA approval. Staff reinforcements “I would like to take this opportunity to express my sincere appreciation for the terrific work that Salman Baday and Lucas Schlageter have done over the years. Their names are closely associated with our successful growth story. We look forward to continuing to write their story with new vigour and wish them all the best for their future careers”, Hans R. Holdener, CEO of Helvetica, said. This process goes hand in hand with personnel changes being made to the leadership of the company. Andreas Benz has been heading up the Business Development team since the beginning of the year. At the beginning of September 2023, Helvetica was able to secure an experienced Head of Legal, Risk and Compliance in Thomas Stadelmann. In addition, from October the role of Head of Marketing and Communication will be taken up by Patricia Neupert, who has many years of experience in the real estate and capital market. At Group level, Michel Hafner has recently joined the team as Head of Property Management and will be leading the process of integrating property management as an additional element of the value creation chain. “Our consistent orientation towards new market conditions gives us the chance to develop Helvetica further with renewed strength and fresh ideas. Our 30-person strong team of experts is well equipped to achieve our strategic goals”, Dr Hans Ueli Keller, Chairman of the Helvetica Board of Directors, explained. All press releases can be found under Media contacts
About Helvetica About Helvetica Swiss Commercial Fund Listing SIX Swiss Exchange; ticker symbol HSC; security 33 550 793; ISIN CH0335507932 Disclaimer
End of Media Release |
Language: | English |
Company: | Helvetica Property |
Brandschenkestrasse 47 | |
8002 Zürich | |
Switzerland | |
Phone: | +41 43 544 7080 |
E-mail: | office@helvetica.com |
Internet: | www.helvetica.com |
ISIN: | CH0335507932 |
Valor: | 33550793 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1726821 |
End of News | EQS News Service |
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1726821 15.09.2023 CET/CEST