Patrimonium Urban Opportunity AG goes to BX Swiss
Patrimonium Urban Opportunity AG (PATURBO) is listed on BX Swiss AG. PATURBO currently holds a portfolio of nine commercial investment properties. The stock exchange listing is intended to strengthen growth and flexibility in the financing of new projects.
Patrimonium Urban Opportunity AG has been listed on the BX Swiss AG stock exchange since July 18. The listing is intended to enable the company to grow faster and increase flexibility in financing new projects, Patrimonium explained in a press release . Founding shareholders and management keep their shares.
The PATURBO portfolio currently consists of nine commercial investment properties with a total market value of CHF 222 million. Another property under construction is scheduled for completion in 2024. The real estate company focuses on commercial real estate in the catchment areas of Geneva, Lausanne and Zurich.
“We are proud to have reached this important milestone thanks to the many years of good and trusting cooperation with our investors and partners,” Christoph Syz, CEO of PATURBO, was quoted as saying in the announcement on the occasion of the company’s listing on the Bern Stock Exchange. Hanspeter Berchtold, CIO Real Estate at Patrimonium Asset Management AG, is looking forward to “further exciting projects and being able to make a positive contribution to urban development in the most important economic centers in Switzerland”. Patrimonium Asset Management AG has been entrusted with asset management by PATURBO.