A successful first business year

SF Commercial Properties Funds can look back on a successful first financial year. The capital of CHF 246 million, which has been raised since its foundation in November 2016, was almost entirely invested in a regionally well-diversified portfolio. Since the launching of the SF Commercial Properties Funds, 13 properties with a total market value of CHF 208.2 million and an average gross yield of 6.5% have been acquired. The vacancy rate was reduced over the year from 9.4% to 6.4% and the average lease term was increased from 3.4 to 5.2 years. Profits to the amount of CHF 10.25 million were achieved. The distribution from earnings per share amounts to 4.25 CHF. Furthermore, the fund was listed on the SIX Swiss Exchange in November 2017.