Due to the change in market conditions, the situation will be reassessed and information will be given in due course on the further procedure.
The management of the real estate fund Credit Suisse 1a Immo PK has decided to postpone the planned IPO to the fourth quarter of 2022 due to current market conditions and the high volatility of the real estate fund market.
As planned, Credit Suisse Funds AG has largely completed preparations for the listing of Credit Suisse 1a Immo PK (CS 1a Immo PK, securities no. 844 303) on the stock exchange. However, the real estate fund market is currently going through a phase of high volatility and strong fluctuations in trading volumes, so that it is not possible to guarantee the success of the IPO in the fourth quarter of 2022. Due of the change in market conditions, the situation will be reassessed and information will be given in due course on the continuation of the procedure.