Baloise invests in Infracore SA

Basel, December 28, 2018. To expand its real estate portfolio, Baloise is investing in Infracore SA, a company specialising in Swiss real estate in the healthcare market.

As part of its real estate investments, Basler Versicherung AG is investing CHF 86.5 million in Infracore SA, a subsidiary of AEVIS VICTORIA SA, thereby acquiring a 20 per cent stake in the company. By entering the healthcare real estate market, Baloise is diversifying its real estate portfolio in Switzerland, which currently totals around CHF 7,5 billion. The 33 high-quality properties in Infracore SA's portfolio have long lease terms and are investment properties with a strong position in the Swiss private clinic business.
To further develop the properties, Baloise also finances Infracore SA in the form of a three-year bond worth CHF 100 million and with a coupon of 1.5 per cent.

Kontakt

Portrait Roberto Brunazzi

Roberto Brunazzi

Head of Media Relations

Phone

+41 58 285 82 14

Email

media.relations@baloise.com
Portrait Marc Kaiser

Marc Kaiser

Head of Corporate Communications & Investor Relations

Phone

+41 58 285 81 81

Email

marc.kaiser@baloise.com

The Baloise Group is more than just a traditional insurance company. The changing security, safety and service needs of society in the digital age lie at the heart of its business activities. The 7,200 or so employees of Baloise therefore focus on the wishes of their customers. The best possible customer service, combined with innovative products and services, makes Baloise the first choice for people who want to feel ‘simply safe’. Located at the heart of Europe, with its head office in Basel, the Baloise Group is a provider of prevention, pension, assistance and insurance solutions. Its core markets are Switzerland, Germany, Belgium and Luxembourg. In Switzerland, with Baloise Bank SoBa, the Group also operates as a specialised financial services provider, offering a combination of insurance and banking services. The Group offers innovative pension products to retail customers throughout Europe from its competence centre in Luxembourg. Bâloise Holding Ltd shares are listed in the main segment of the SIX Swiss Exchange.

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