Epic Suisse wants to join SIX
Epic Suisse plans to go public on the SIX in the coming months. The Zurich real estate company aims to generate gross proceeds of around CHF 200 million. Among other things, she wants to use the money to finance future acquisitions.
Epic Suisse AG wants to go public in the coming months. By issuing new shares, the company aims to generate gross proceeds of around CHF 200 million, according to a press release .
Epic Suisse intends to use the net proceeds from the IPO primarily to finance future acquisitions, for ongoing development projects and for general corporate purposes. In addition, debts should be paid off with the fresh money. Last but not least, the IPO is intended to increase public awareness of the company.
Epic Suisse's portfolio includes 24 properties with a market value of CHF 1.3 billion. The company specializes primarily in office and logistics buildings as well as shopping centers. Most of the properties in his portfolio are located in the Lake Geneva region and in the Greater Zurich Area.
Since it was founded in 2004, Epic Suisse has been owned by the Israeli Alrov Group and the Greenbaum family. You will not sell any shares as part of the IPO and you want to continue to be involved in the long-term development of the company.