On 6 May 2014, HIAG Immobilien launched its IPO on SIX Swiss Exchange, and the fi nal offer price was fi xed on 15 May 2014 at CHF 76 per share.
Following the completion of the IPO, HIAG Immobilien had a market capitalization of CHF 608 million, making it the largest IPO on SIX Swiss Exchange of a Swiss real estate company of the past 10 years. The shares of HIAG started to trade on SIX Swiss Exchange on 16 May 2014.
HIAG Immobilien Holding AG is a leading player in the reuse and redevelopment of commercial sites and properties in Switzerland.
WeWork Withdraws IPO Prospectus to Focus on Core Business
As of 31 December 2013, HIAG Immobilien Holding AG’s property portfolio was located across 38 sites consisting of 105 properties valued at CHF 1.065 billion.