New units of the La Foncière fund issued with great success

Plan your second active life with one of our specialists today. Take advantage of a CHF 250 gift voucher until 31 December 2020! Find out more.

New units of the La Foncière fund issued with great success
Lausanne, Geneva, 30 March 2020 - Investissements Fonciers SA (IFSA), the management company of La Foncière real estate investment fund, and Banque Cantonale de Genève (BCGE), the fund's custodian bank, announce that the new units were 100% subscribed. A remarkable success in a time of crisis.

At the end of the subscription period on 25 March 2020, IFSA and BCGE are pleased to announce that the issue of new La Foncière units was a resounding success. The issue, carried out during an unprecedented period of crisis and instability in the financial markets, was 100% subscribed. La Foncière will thus be able to pursue its growth strategy and undertake new housing acquisition or construction projects. This success reflects the widespread recognition enjoyed by La Foncière fund in the financial markets.