15 March 2021 | SF Sustainable Property Fund

SF Sustainable Property Fund: Financial Year 2020

Press releases

Stable financial year 2020 and capital increase.

  • Portfolio value grew by 10.1% to CHF 1.16 billion and 94 properties
  • Expected net rent rose by 7.1% to CHF 46.8 million
  • Increase of net profit by 11.8% to CHF 24.2 million
  • Dividend of CHF 3.50 per unit same as in prior year
  • Capital increase in March 2021

Eight properties with a market value of CHF 94.6 million were added to the existing portfolio, resulting in a portfolio value of CHF 1.16 billion as at 31 December 2020. With the acquisitions, expected rental income increased during the period under review by CHF 3.1 million in comparison to the prior period to CHF 46.8 million. The vacancy rate fell by 0.1 percentage points to end 2020 at 6.9%. In the year under review, three properties in Biasca and one in Wängi were sold for the purpose of portfolio adjustment. The full refurbishments in Zofingen were completed on schedule in June 2020. The new build project in Aarwangen was completed in mid-2020, as planned.

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