- Market value CHF 306.8 million
- Target rental income CHF 19.8 million
- Vacancy rate reduced by 2.76 percentage points
- Average lease term at a constant level
- Distribution of CHF 4.25 per unit
Despite the challenging market conditions, the SF Commercial Properties Fund can reflect on a stable financial year in 2020. Numerous successful lettings were achieved in the last twelve months. The weighted average unexpired lease term (WAULT) could be maintained at a contant level, at 5.8 years. After the strategic sale of two properties, the portfolio's market value as at 31 December 2020 stood at CHF 306.8 million (prior year CHF 321.1 million) and the correspondingly reduced target rental income at CHF 19.8 million (prior year CHF 21.0 million), producing a gross yield of 6.46%.