SF Sustainable Property Fund: Successful financial year 2021
Ad hoc announcement pursuant to Art. 53 LR
- Portfolio value grew by 21.0% to CHF 1.40 billion and 108 properties
- Net income increased 21.5% to CHF 29.4 million
- Investment yield increased by almost 50% to 5.64%
- Distribution yield of 2.33% based on CHF 3.50 per unit
18 properties with a market value of around CHF 200 million were added to the portfolio, resulting in a portfolio value of CHF 1.40 billion as at 31 December 2021. As a result of the acquisitions, target rental income increased during the period under review by CHF 3.6 million to CHF 50.4 million in comparison to the previous year. The vacancy rate was reduced by one percentage point as at the reference date and amounted to 5.9% at the end of 2021. Four properties in Southern Switzerland were sold in the reporting year in order to optimise the portfolio. The development project in Lausen and the full refurbishment in Pratteln were successfully completed.