SF Retail Properties Fund Addition of two properties and letting of 1,000m2 in Bioggio and Zizers

SF Retail Properties Fund acquired two properties in Zollikofen and Marly retroactively to 1^st December 2020. These properties have a market value of CHF 16.1 million and offer retail and restaurant space. Additional tenants were found in Bioggio and Zizers. More than 400m² of space was transferred to the tenant in Bioggio on 1^st December 2020, while 600m² were handed over in Zizers on the same date.

Acquisitions
As of today's date, the portfolio comprises 90 properties in 20 cantons. The purchase in Zollikofen and consolidation in Marly increased the portfolio's value by CHF 16.1 million. The property in Zollikofen is fully let and the WAULT is 9.4 years. The tenants include Migros, Denner and a restaurant, ideal additions to the portfolio. The transfer of property took place as at 1^st December 2020.

A consolidation in Marly was also registered on 1^st December 2020. The purchase relates to the retail and restaurant space on the ground floor and parking spaces in the garage. Following this purchase, SF Retail Properties Fund now owns all retail spaces at this location. The tenants include a pharmacy, an optician and a café. The WAULT is 4.7 years.

Lettings
In Zizers, 600m² of space was handed over to the operator of a fitness centre on 1^st December 2020. The term of the rental contract is ten years, with an extension option of five years. The tenant is very experienced in the management of fitness centres and offers people a valuable new service. In Bioggio, a tenant for 400m² of space was found from 1^st December 2020. The tenant uses the premises for logistics and other services and is currently investigating the option of renting additional commercial space.