Helvetica

Helvetica Swiss Opportunity Fund shows net asset value in financial year 2023: significant increase in rental income

Retrieved on: 
Wednesday, March 13, 2024
Acquisition, HSO, Annual report, Helvetica, Sale, CHF, FINMA, WAULT, Cryptocurrency

Zurich, 5 March 2024 – The Helvetica Swiss Opportunity Fund (HSO Fund) has closed financial year 2023 with a stable result.

Key Points: 
  • Zurich, 5 March 2024 – The Helvetica Swiss Opportunity Fund (HSO Fund) has closed financial year 2023 with a stable result.
  • The preliminary application for a merger with the Helvetica Swiss Commercial Fund (HSC Fund) has been submitted to the FINMA.
  • The preliminary application for a merger with the HSC Fund was submitted to FINMA in February 2024.
  • In the reporting period, a commercial property in the Berne region was acquired for CHF 13 million, contributing CHF 0.9 million to rental income.

Helvetica expects the HSC Fund to make a distribution for the 2023 business year that is on a par with the previous year, even despite the challenging market environment.

Retrieved on: 
Thursday, December 14, 2023
TER, Asset management, CHF, Security (finance), Bank, Helvetica

Zurich, 16 November 2023 – The Fund Management Company intends to pay a distribution for the Helvetica Swiss Commercial Fund (HSC Fund) of between CHF 5.00 and 5.35 per unit for the 2023 business year.

Key Points: 
  • Zurich, 16 November 2023 – The Fund Management Company intends to pay a distribution for the Helvetica Swiss Commercial Fund (HSC Fund) of between CHF 5.00 and 5.35 per unit for the 2023 business year.
  • The debt financing ratio is to be reduced to below 28 percent by the end of 2023.
  • The Fund Management Company of the HSC Fund currently expects a distribution for the 2023 business year that is roughly on a par with that of the previous year.
  • “In an extremely adverse market environment, we are proud to be able to announce another solid distribution for the 2023 business year.

Helvetica Swiss Commercial Fund – Portfolio optimisation proceeds according to plan

Retrieved on: 
Thursday, October 26, 2023
Via, Sale, CIO, Annual report, Subdivisions of the canton of Ticino, CHF, Helvetica

Zurich, 19 October 2023 - The Helvetica Swiss Commercial Fund has notarised another property sale as part of its strategic portfolio optimisation.

Key Points: 
  • Zurich, 19 October 2023 - The Helvetica Swiss Commercial Fund has notarised another property sale as part of its strategic portfolio optimisation.
  • The Helvetica Swiss Commercial Fund (HSC Fund) has successfully placed another property from its portfolio on the market.
  • The market value of the fund portfolio will be reduced by around CHF 21 million compared to 30 June 2023.
  • The current market price of the listed and high-dividend Helvetica Swiss Commercial Fund therefore offers an attractive investment opportunity for new and existing investors.

New CIO complements the Executive Board

Retrieved on: 
Tuesday, October 17, 2023
Chief commercial officer, RTÉ Executive Board, CCO, Investment management, FINMA, Senior, CIO, Marketing, Management, Helvetica

Zurich, October 12, 2023 – Helvetica, one of the leading real estate fund and asset management firms, strengthens its Executive Management by appointing Dominik Fischer as Chief Investment Officer (CIO).

Key Points: 
  • Zurich, October 12, 2023 – Helvetica, one of the leading real estate fund and asset management firms, strengthens its Executive Management by appointing Dominik Fischer as Chief Investment Officer (CIO).
  • As of 1 January 2024, Helvetica's existing Executive Board will be further enhanced with Dominik Fischer as Chief Investment Officer (CIO) and Urs Kunz as Chief Commercial Officer (CCO), pending approval by the FINMA.
  • Dominik Fischer has been with Helvetica for five years and in the position of Head of Investment Management and a member of the extended executive board since January 2023.
  • We are delighted to welcome Dominik Fischer, a longtime employee, and Urs Kunz, a new colleague, to the Executive Board," says Hans R. Holdener, CEO of Helvetica.

Helvetica realigns itself for the future

Retrieved on: 
Saturday, September 16, 2023
FINMA, Business development, Risk, Risk management, Orientation, CCO, Marketing, Sale, Property management, Name, RTÉ Executive Board, Communication, Management, Head, Helvetica

At the same time, the management of the company is taking a yet more robust approach to ensuring it can face the challenges of the future.

Key Points: 
  • At the same time, the management of the company is taking a yet more robust approach to ensuring it can face the challenges of the future.
  • 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.
  • 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.
  • “Our consistent orientation towards new market conditions gives us the chance to develop Helvetica further with renewed strength and fresh ideas.

Helvetica Swiss Commercial Fund – Successful Portfolio Optimisation

Retrieved on: 
Saturday, September 16, 2023
Sale, HSC, Helvetica, Bern, Tenant, Commerce, Commercial property

Zurich, 8 September 2023 – The Helvetica Swiss Commercial Fund has successfully sold its first property as part of its strategically planned portfolio optimisation and has had further leasing successes.

Key Points: 
  • Zurich, 8 September 2023 – The Helvetica Swiss Commercial Fund has successfully sold its first property as part of its strategically planned portfolio optimisation and has had further leasing successes.
  • The Helvetica Swiss Commercial Fund (HSC Fund) successfully sold one of its portfolio properties at the end of August 2023.
  • The sale was completed at above the property’s market value, which is a sign that the HSC Fund’s real estate portfolio is fairly valued.
  • Negotiations for a further sale are at an advanced stage and are expected to be concluded in the near future.

Helvetica Swiss Opportunity Fund – Occupancy rate at a very high level

Retrieved on: 
Tuesday, August 22, 2023
Heart, FINMA, MFM Mirante Fund Management, Risk management, National Asset Management Agency, Helvetica, Swiss National Bank, Economic development, Asset, Growth, CHF, Total, Renewable energy, Real estate, Financial services, Pharmaceutical industry, Cryptocurrency

Portfolio growth by a total of 3.3 percent or 10.7 million Swiss francs to 332.5 million Swiss francs.

Key Points: 
  • Portfolio growth by a total of 3.3 percent or 10.7 million Swiss francs to 332.5 million Swiss francs.
  • Despite the existing uncertainty in the market, the Helvetica Swiss Opportunity Fund showed consistency in the first half of 2023.
  • Annual rental income grew by 1.4 million Swiss francs from 16.8 million Swiss francs to 18.2 million Swiss francs.
  • After deduction of liabilities of 142.9 million Swiss francs and liquidation taxes of 15.7 million Swiss francs, net fund assets were 7.5 million Swiss francs lower than in the previous year at 181.8 million Swiss francs.

Helvetica Swiss Living Fund – Increasing demand for living space shows effect

Retrieved on: 
Tuesday, August 22, 2023
Housing, Risk management, Tenant, National Asset Management Agency, Helvetica, Swiss National Bank, Growth, Fund, CHF, Population growth, Renewable energy, Tourism, Cryptocurrency

Zurich, August 18, 2023 – The Helvetica Swiss Living Fund (HSL Fund) benefited from strong demand for residential space in the first half of 2023.

Key Points: 
  • Zurich, August 18, 2023 – The Helvetica Swiss Living Fund (HSL Fund) benefited from strong demand for residential space in the first half of 2023.
  • This positive development is reflected in annualized rental income, which increased from 28.9 million Swiss francs to 29.5 million Swiss francs- an increase of 0.6 million Swiss francs.
  • Cash and cash equivalents decreased by 2.2 million Swiss francs to 1.2 million Swiss francs, while other assets increased by 0.1 million Swiss francs to 6.7 million Swiss francs.
  • After deduction of liabilities and liquidation taxes, net fund assets were 15.1 million Swiss francs lower at 431.6 million Swiss francs.

Monotype announces deal to acquire Fontworks - an iconic Japanese Type Foundry

Retrieved on: 
Wednesday, July 19, 2023
Heart, Partnership, Culture, International Association, LETS, IP, History, Thought, Acquisition, Helvetica, Universal design, Commerce, Tokyo Stock Exchange, Type Directors Club, Universal, Comic Neue, Avenir, FF, Television, Video game, Typesetting, Monotyping

WOBURN, Mass., July 19, 2023 /PRNewswire/ -- Type and technology specialist Monotype® has announced its planned acquisition of Tokyo-based Fontworks™, one of the most respected and best-known providers of Japanese type design, from SB Technology. The deal was also announced today by SB Technology, a listed company on the Tokyo Stock Exchange. The deal is scheduled to close in Q3 of 2023.

Key Points: 
  • Acquisition to address increasing global demand for Japanese type design and deliver multiscript typefaces to Japanese creative professionals.
  • WOBURN, Mass., July 19, 2023 /PRNewswire/ -- Type and technology specialist Monotype® has announced its planned acquisition of Tokyo-based Fontworks™, one of the most respected and best-known providers of Japanese type design, from SB Technology.
  • As part of the Monotype family, Fontworks will be able to better support Japanese customers and ensure Fontworks' type designs reach new audiences internationally.
  • The international market for Japanese type is growing rapidly – together, Monotype and Fontworks will help accelerate it further."

Monotype announces deal to acquire Fontworks - an iconic Japanese Type Foundry

Retrieved on: 
Wednesday, July 19, 2023
Heart, Partnership, Culture, International Association, LETS, IP, History, Thought, Acquisition, Helvetica, Universal design, Commerce, Tokyo Stock Exchange, Type Directors Club, Universal, Comic Neue, Avenir, FF, Television, Video game, Typesetting, Monotyping

WOBURN, Mass., July 19, 2023 /PRNewswire/ -- Type and technology specialist Monotype® has announced its planned acquisition of Tokyo-based Fontworks™, one of the most respected and best-known providers of Japanese type design, from SB Technology. The deal was also announced today by SB Technology, a listed company on the Tokyo Stock Exchange. The deal is scheduled to close in Q3 of 2023.

Key Points: 
  • Acquisition to address increasing global demand for Japanese type design and deliver multiscript typefaces to Japanese creative professionals.
  • WOBURN, Mass., July 19, 2023 /PRNewswire/ -- Type and technology specialist Monotype® has announced its planned acquisition of Tokyo-based Fontworks™, one of the most respected and best-known providers of Japanese type design, from SB Technology.
  • As part of the Monotype family, Fontworks will be able to better support Japanese customers and ensure Fontworks' type designs reach new audiences internationally.
  • The international market for Japanese type is growing rapidly – together, Monotype and Fontworks will help accelerate it further."