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Basellandschaftliche Kantonalbank ( (CH:BLKB) ) has shared an update.
BLKB Fund Management AG, a subsidiary of Basellandschaftliche Kantonalbank, has launched a sustainable real estate fund targeting Northwestern Switzerland. The BLKB (CH) Sustainable Property Fund aims to build a high-quality real estate portfolio with a focus on energy-efficient residential properties, integrating sustainability criteria throughout the investment process. The fund, exclusively for qualified investors, seeks to raise up to 160 million CHF to acquire properties with a market value of around 177 million CHF. This initiative marks a significant step in combining regional investment opportunities with sustainability, potentially enhancing the real estate sector’s role in achieving climate neutrality.
More about Basellandschaftliche Kantonalbank
Basellandschaftliche Kantonalbank (BLKB) is the largest bank in the Basel region and one of the leading banks in Northwestern Switzerland. It operates as an investment, pension, and corporate bank, focusing on the financial health of its customers and the economic development of the region. Sustainability is central to its operations, aligning with its performance mandate as a cantonal bank. BLKB is a public institution, 74% owned by the Canton of Basel-Landschaft, and is part of the BLKB Group, which includes radicant bank ag and BLKB Fund Management AG.
Average Trading Volume: 608
Current Market Cap: CHF528.3M
See more data about BLKB stock on TipRanks’ Stock Analysis page.