Ad hoc announcement pursuant to Art. 53 KR, 19 March 2024 


Press release (PDF)
Peter E. Bodmer (JPG)
Marc Giraudon (JPG)

Zurich, 19 March 2024 – Helvetica Property Investors AG (Helvetica) is set to implement leadership changes at the beginning of the second quarter, slightly ahead of the initial schedule. Peter E. Bodmer becomes the new Chairman and Marc Giraudon takes on the role of sole CEO as of 2nd April 2024. 

The Board of Directors of Helvetica has confirmed Marc Giraudon (55) as will become sole Chief Executive Officer (CEO), following a detailed and thorough introduction to his new role. The hand-over was originally planned for 1st July 2024 and has been accomplished sooner than expected. The transition phase to take over the executive management from founder and former Co-CEO, Hans R. Holdener, was very efficient, facilitating a faster handover of operational responsibility to Marc Giraudon. Hans R. Holdener will hand over his executive and operational functions in Helvetica after a successful and distinguished seventeen-year term, and will continue to serve as a member of the Board of Directors in the holding company, Helvetica Property Group AG.

After a decade at the helm as Chairman, Hans Ueli Keller will transition to Vice Chairman, and Peter E. Bodmer is set to step into the role of new Chairman. This change will be effective from early May 2024, after the General Assembly. Peter has many years of proven and wide-ranging experience in the areas of finance and real estate. For more than 25 years, he held management positions in the mechanical engineering, real estate and construction industries.

Hans Ueli Keller says: "We're confident in Marc Giraudon leadership and our team's abilities. We thank Hans R. Holdener for his dedication and service, and we warmly welcome Peter E. Bodmer as our new Chairman."

“As I transition to Chairman, having served on the board for years, I'm ready to harness our collective strengths for Helvetica's future. It's an exciting journey ahead with Marc Giraudon and our team”, remarks Peter E. Bodmer.

Marc Giraudon adds: "I am eager to use my experience to take Helvetica forward, building an investor focused, stable and trustworthy real estate partner. I am very grateful to Hans R. Holdener for his help with the swift handover and for the support and trust of our dedicated and talented staff, and the Board of Directors."

Hans R. Holdener adds, “Handing over to Marc Giraudon is an important step, taking Helvetica onto the next phase. His enthusiasm and experience are exactly what the company needs to move forward. Leading Helvetica has been an honour, and I am proud of our accomplishments.”

All press releases can be found under
www.Helvetica.com

Ticker Symbol HSO; security 43 472 505; ISIN CH0434725054.

Media contacts

About Helvetica
Helvetica Property Investors AG, founded in 2006, is a leading real estate fund and asset management corporation regulated by FINMA. We offer institutional investors and private investors lasting value through active and long-term ownership of secure and stable real estate assets with solid returns. With our fully integrated real estate asset platform, we cover the entire value chain, develop customer-specific investment solutions, and provide standardized investment products: The listed HSC Fund for commercial property, the HSO Fund for special commercial property, and the HSL Fund for residential property invest in attractive locations across Switzerland with good transport connections to regional economic centers. Our commitment to a sustainable future takes into account ESG requirements along the entire real estate life and investment cycle, and is formally integrated at fund level.
www.helvetica.com 

Disclaimer
This media release does not constitute a prospectus within the meaning of Art. 35 et seq. of the Federal Act on Financial Services or Art. 27 et seq. of the Listing Rules of SIX Swiss Exchange Ltd, nor a basic information sheet. It does not constitute an offer or a recommendation to subscribe for or redeem fund units but is intended solely for information purposes. This media release may contain forward-looking statements that are subject to uncertainties and risks and may change. Historical performance is no guarantee of current or future performance. The performance data do not take into account any commissions and costs charged on the subscription and redemption of units. The documents that are solely relevant for an investment decision, the prospectus with integrated fund contract as well as the current annual report can be obtained free of charge from the fund management company. This media release is not addressed to persons resident and/or domiciled outside Switzerland. In particular, this media release may not be made available or handed over to US persons within the meaning of the US Securities Act or US tax regulations, nor may it be distributed in the USA.
In case of doubt, the German version shall prevail.