SF Commercial Properties Fund: Purchase of a property in St. Gallen

• Purchase of a fully let property with a market value of CHF 16.1 million in a first-rate location in St. Gallen
• Long-term triple net lease agreement enhances stability
• Fund's earning power significantly improved

The property, which is situated in an industrial estate in the immediate vicinity of the Shopping Arena and the junction for the A1 St. Gallen-Winkeln, is being used by general tenant Belcolor AG Flooring as its main office with a logistics centre, showroom, workshop and office, for a fixed term of ten years. The company, which was established over 50 years ago, is a leading Swiss floor coverings specialist, and has branches at a number of locations throughout Switzerland. The total value of the portfolio is now CHF 322.9 million as of 1^st May 2021.