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Swiss Prime Site AG / Key word(s): Takeover
Swiss Prime Site completes acquisition of the real estate asset manager Fundamenta Group
2024-04-16 / 07:00 CET/CEST
PRESS RELEASE
Zug, 16 April 2024
. Closing on 15 April 2024
. Swiss Prime Site Solutions is the largest independent real estate asset manager in Switzerland with a
broad product range
. Seamless continuation of Fundamenta services
Swiss Prime Site yesterday completed the acquisition of the real estate asset manager Fundamenta Group, which was
agreed in March 2024. Anastasius Tschopp, CEO of Swiss Prime Site Solutions (SPSS), says: «The merger makes Swiss Prime
Site Solutions the largest independent real estate asset manager in Switzerland with around CHF 13 billion in assets
under management, around two-thirds of which are invested in residential property.» SPSS offers a broad range of
investment products that cover comprehensive real estate asset management services tailored to the respective
investors. Investors include pension funds, banks and insurance companies, family offices and individual investors.
All of Fundamenta's product offerings and services will continue seamlessly with the existing clients; alongside the
various products for institutional investors, this includes in particular the listed company Fundamenta Real Estate AG,
which specialises exclusively in residential property.
With the partial settlement of the purchase price in shares, Swiss Prime Site is creating 0.59 million (0.8%) new
registered shares pari-passu with existing shares, thereby gaining the Luzerner Kantonalbank and the Garcia and Marxer
families, among others, as new shareholders.
With the completion of the acquisition, Swiss Prime Site is consistently pursuing its focussed two-pillar strategy of
investing in real estate with its own and external capital. Together, Swiss Prime Site now manages properties worth
around CHF 26 billion. René Zahnd, CEO of Swiss Prime Site, comments: «We warmly welcome all of Fundamenta's clients,
investors and employees to the Swiss Prime Site group. Together with our own property investments, we thus cover all
market areas and enable our investors and clients to benefit from our unique property platform.»
If you have any questions, please contact:

Investor Relations, Florian Hauber
Tel. +41 58 317 17 64, florian.hauber@sps.swiss

Media Relations, Patrick Djizmedjian
Tel. +41 58 317 17 42, patrick.djizmedjian@sps.swiss

News Source: Swiss Prime Site AG  
End of Media Release  
Language:     English 
Company:      Swiss Prime Site AG 

Alpenstrasse 15
6300 Zug
Switzerland

Phone:        +41 (0)58 317 17 17 
E-mail:       mladen.tomic@sps.swiss 
Internet:     www.sps.swiss 
ISIN:         CH0008038389 
Listed:       SIX Swiss Exchange 
EQS News ID:  1880989 

End of News EQS News Service
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1880989 2024-04-16 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1880989&application_name=news

END) Dow Jones Newswires

April 16, 2024 01:00 ET (05:00 GMT)