UBS (CH) Property Fund - Swiss Residential «Anfos» (UBS «Anfos»):

Capital increase successfully concluded

UBS (CH) Property Fund – Swiss Residential «Anfos»
Schlieren, Färbi-Areal

The capital increase for UBS (CH) Property Fund - Swiss Residential «Anfos», which ran from 29 November to 7 December 2007, was successfully concluded on 14 December, the payment date for the new units. The strong demand during the subscription period enabled us to place all of the new units.

As communicated on 16 November, the bulk of the issue proceeds raised by the UBS «Anfos» capital increase (CHF 143 million) is being used to finance five ongoing construction projects:

  • Schlieren, Färbi-Areal
    Centrally located development site for urban residential and commercial building.
    Investment volume: around CHF 31 million.
    To be completed: 3rd quarter of 2009

  • Bülach, Rietbach
    Spacious new apartments close to Zurich.
    Investment volume: around CHF 38 million.
    To be completed: 3rd quarter of 2008

  • Niederuzwil, Flawilerstr./Bahnhofstr.
    Centrally located residential complex with commercial section.
    Investment volume: around CHF 13 million.
    To be completed: 1st quarter of 2009

  • Wittenbach, Vogelherd
    Very sunny residential complex located in city centre.
    Investment volume: around CHF 25 million.
    To be completed: 1st quarter of 2009

  • Rohr/AG, Siebenmätteli
    Family apartments with attractive floor plans.
    Investment volume: around CHF 13 million.
    To be completed: 2nd quarter of 2008

The remaining issue proceeds will be used to buy properties, finance additional new construction projects and to repay loans.