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BLKB Fund Management launches sustainable real estate fund in Northwestern Switzerland
BLKB Fund Management AG is launching the BLKB (CH) Sustainable Property Fund, focusing on energy-efficient real estate in Northwestern Switzerland. Targeting qualified investors, the fund aims to acquire a diversified portfolio valued at CHF 177 million, with a subscription period from June 24 to July 23, 2025. The initiative emphasizes sustainability and regional development, aligning with the bank's commitment to long-term value and climate neutrality.
Richemont reports increased sales and dividend boost driven by jewelry business
The Geneva-based jewelry and watch group Richemont reported slightly higher sales, driven primarily by its jewelry business, leading to a positive market reaction. Meanwhile, Coinbase faced pressure following a hacker attack, offering a $20 million reward for information on the perpetrators. Swiss Re increased its quarterly profit despite significant losses from wildfires, while BLKB is launching a sustainable real estate fund focused on Northwestern Switzerland, aiming to raise up to CHF 160 million.
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