SF Commercial Properties Fund: Stable first half of 2022

• Value increase, market value now CHF 330.73 million
• Reduced vacancy rate, stronger rental demand
• Stable, long contract terms
• Distribution of CHF 4.25 per unit for 2021 financial year
• Management fee reduced by 10 basis points to 0.65%

Numerous successful lettings were achieved in the last six months. These lettings further reduced the vacancy rate to 14.93% as at 30 June 2022. Thanks to an active approach to asset and portfolio management, the market value of the portfolio increased by CHF 4.02 million or 1.23% in comparison to 31 December 2021 to CHF 330.73 million as at 30 June 2022. The gross yield is 6.18% as at 30 June 2022. The weighted average unexpired lease term (WAULT) was maintained at a high level of 5.33 years.