SF Commercial Properties Fund – Stable first half of 2019

• Portfolio value down marginally at CHF 321.05 million
• Vacancy rate up to 19.4%
• Six lettings in City Plaza Dietikon
• Average lease term rose to 5.9 years
• Distribution of CHF 4.25 per share in March 2019

SF Commercial Properties Funds can reflect on a stable first half of 2019. The value of the unchanged property portfolio fell back to CHF 321.05 million. The gross yield was unchanged at 6.5%. After the main tenant moved out from the property in Dietikon, six new leases were concluded but the portfolio vacancy rate rose to 19.4%. The average lease term increased to 5.9 years. A dividend of CHF 4.25 per share was distributed in March 2019.