04 November 2025 | Thomas Lavater

Sustainably Leased, Strategically Expanded – SF Retail Properties Fund Continues to Grow

The SF Retail Properties Fund can look back on a successful development:
The successful start of leasing at the Dorfstrasse Schöftland centre shows how sustainably planned construction projects are met with a great response.
In addition, long-term leases have been signed at several locations, further consolidating the fund's position in the Switzerland market.
With a capital increase in the fourth quarter of 2025, which is currently being reviewed, the fund is also laying the foundation for further growth and future-oriented portfolio expansion.

Successful Start to Letting in the Dorfstrasse Centre in Schöftland

The "Zentrum Dorfstrasse" project in Schöftland is off to a very successful start: most of the apartments have already been let.
Sustainably built to the Minergie-P-Eco standard and featuring innovative wood-hybrid construction, the project sets new standards for modern and responsible residential in Aargau.

The "Zentrum Dorfstrasse" project in Schöftland, realised by the SF Retail Properties Fund, has had an extremely successful start to letting: 15 flats have already been let. This is a clear indication of the great interest in the new residential and commercial building with a total of 36 flats, which are being built in three residential buildings above the extended Coop supermarket.

The high demand is no coincidence. The attractive residential concept of the project offers tenants numerous advantages:

  • Modern, well thought-out floor plans with plenty of natural light
  • High-quality fittings in the kitchen and bathroom
  • Large roof garden as a communal roof terrace for all residents
  • Sustainable timber hybrid construction in accordance with the Minergie-P-Eco standard (highest energy and sustainability standard)

With an investment volume of around CHF 32.7 million, the Dorfstrasse Schöftland centre is one of the largest development projects in SFP Group's retail real estate portfolio. The consistent implementation of the Minergie-P-Eco standard, the highest sustainability label in the Swiss building sector, and the innovative timber construction also make the project a beacon for sustainable neighbourhood development.

Visualisation

Successful Lettings in the Retail Fund: Three Locations with a Future

The SFP Group's retail fund is currently recording several significant letting successes in German-speaking Switzerland and Ticino.

Long-term rental agreements have been concluded with renowned operators at three locations, further strengthening both the attractiveness of the properties and their sustainability profile.

In Frauenfeld, an area of 730 m² was let to a well-known fitness centre operator on a long-term lease for ten years. The lease is scheduled to commence in spring 2026. The building will be extensively modernised in Zug with the new lease: New windows and a revised signage concept will enhance the façade, and the lighting will be converted to energy-efficient LED technology. A roof refurbishment with the installation of a photovoltaic system is also planned for the coming year.

The course for the future has also been set in Bioggio. The previously selective PV system was extended to all roof areas. With the letting of 1 000 m² to an international furniture retailer for five years, the property is now ideally positioned.

Another letting success was achieved in Schiers. The "Davos Gym" will open its doors on 720 m² of space from spring 2026. In addition to providing the rentable floor space, the heating system was renewed in 2025 with heat pumps and a photovoltaic system was installed on the roof. In future, customers and tenants will benefit from sustainably produced electricity that is consumed directly in the building.

These three new acquisitions underline the successful positioning of the retail fund in Switzerland's dynamic real estate market with a clear focus on long-term partnerships, sustainability and location development.

Frauenfeld, Thurgipark
Bioggio, Via della Posta
Schiers, Ascherapark

SF Retail Properties Fund Plans Capital Increase to Expand Portfolio

The fund management company of the SF Retail Properties Fund is currently examining a capital increase of around CHF 120 million, which is to be carried out in the fourth quarter of 2025.

With the additional capital, the fund is pursuing the goal of expanding its property portfolio in a targeted manner, further developing existing properties and reducing the debt ratio by partially repaying interest-bearing debt.

"Our retail fund is developing excellently: new rental agreements have been concluded, construction projects are proceeding according to plan and further acquisition options are available - we now need capital to continue our consistent development," says Thomas Lavater, Portfolio Manager of the SF Retail Properties Fund.

One focus of the planned investments is the acquisition of an extensive property portfolio with 17 properties throughout Switzerland. The portfolio comprises a total of around 23 600 m² of rentable floor space and generates Target rental income of around CHF 5.7 million, which corresponds to a gross yield p.a. of around 5.8%. The focus is on properties for everyday needs.

In addition, a single property in Weinfelden (TG) will be integrated into the portfolio as at 31 October 2025. The transaction has been notarised. The property has a rentable floor space of around 6 300 m², generates a target rental income p.a. of CHF 1.6 million and has a Gross yield of around 5.4%.

With the planned capital increase, the fund management company is reaffirming its commitment to the targeted further development of the fund and to securing stable long-term returns for investors.

The fund management team will be happy to answer any questions you may have or discuss the fund in person.

Contact

Portrait Thomas Lavater
Thomas Lavater

Head Direct Funds & Foundation

Portfolio Manager Real Estate Direct
SF Retail Properties Fund

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