29 March 2021 | SF Retail Properties Fund

SF Retail Properties Fund: Financial Year 2020

Press releases

Stable financial year 2020

  • Market value increased by 5.6% to CHF 804.9 million
  • Stable figure for unexpired contract terms of 6.6 years thanks to new business and targeted extensions
  • Three properties acquired with a market value of CHF 37.3 million
  • Expected rental income increased to CHF 45.4 million
  • Distribution of CHF 4.35 per unit

Despite the pandemic and related restrictions, the SF Retail Properties Fund reported good results for 2020 and expanded its tenant base. The weighted average unexpired lease term (WAULT) remains at a high of 6.6 years. At the same time, the market value of the properties increased to CHF 804.9 million as at 31 December 2020 (prior year: CHF 762.2 million). Annual target rental income increased to CHF 45.4 million. Net income totals to CHF 26.7 million, which equals to net income of CHF 4.39 per unit for the 2020 financial year.

Regular news and information on current topics.