Infracore SA (Ticker: INFRAC SW) is a Swiss healthcare real estate company focused on hospital and healthcare infrastructure. The company is expected to list on SIX Swiss Exchange on 9 July 2026, offering up to 5,643,517 shares at a fixed IPO price of CHF 54.00 per share, for a total offer size of up to approximately CHF 305 million, or around $380 million. The offer implies an expected post-IPO market capitalization of approximately CHF 826 million, or around $1.0 billion.
Infracore owns, develops and manages 47 properties across 19 locations in Switzerland, representing 221,157 sqm of rental surface and a portfolio market value of CHF 1.41 billion. The properties are almost fully let, mainly under long-term leases with hospitals belonging to Swiss Medical Network. According to published terms, Infracore expects primary gross proceeds of approximately CHF 200 million, mainly to finance its sale-and-leaseback pipeline, development pipeline, support its capital structure and repay approximately CHF 55.2 million of shareholder loans. Infracore is jointly controlled by Medical Properties Trust, Inc. and AEVIS VICTORIA SA.