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An announcement from Fundamenta Real Estate AG ( (CH:FREN) ) is now available.
Fundamenta Real Estate AG has successfully completed a capital increase of CHF 70 million due to high investor demand, issuing over 4 million new shares. The proceeds will be used to finance investments in existing projects, acquire new properties, and strengthen the company’s equity base, indicating a strategic move to enhance its market position and operational capabilities.
More about Fundamenta Real Estate AG
Fundamenta Real Estate AG is a real estate company listed on the SIX Swiss Exchange, focusing on residential properties in German-speaking Switzerland. The company aims to create sustainable value for investors by offering marketable spaces with minimal environmental impact, utilizing an interdisciplinary team and an integral asset management approach.
Average Trading Volume: 11,759
Technical Sentiment Signal: Buy
Current Market Cap: CHF589.2M
Find detailed analytics on FREN stock on TipRanks’ Stock Analysis page.