Switzerland-based Aevis Victoria SA sold a 20% stake in healthcare-related real estate company Infracore SA to Swiss institutional company Baloise for CHF86.5 million, in a deal valuing Infracore at CHF852.5 million.

Aevis Victoria will continue to hold the remaining 80% of Infracore's share capital, with Baloise becoming a reference shareholder as a result of the deal.

In addition, Infracore received a three-year CHF100 million bond bearing a coupon rate of 1.50% as financing from Baloise.

Dieter Kräuchi will represent Baloise on the Infracore board.