Swiss Hospital Landlord Infracore Aims for $1 Billion Valuation in IPO

Swiss healthcare-property company Infracore has set its sights on a valuation of approximately $1 billion as it prepares for an initial public offering. The company announced that the offering will include up to 5.6 million shares.

Of the total shares available in the offering, 3.7 million will be newly issued, indicating a significant portion of the capital raised will go toward company growth or debt reduction. The remaining shares are likely to be sold by existing shareholders. The IPO is expected to provide Infracore with increased capital for expansion and potentially enhance its market profile within the European healthcare real estate sector. The company specializes in owning and managing properties leased to healthcare providers, a sector that has seen steady demand.