27 August 2019 | SF Sustainable Property Fund

SF Sustainable Property Fund – Successful interim report 2019

Press releases

In the first half of 2019, the Fund reached a market value of over one billion Swiss francs through the acquisition of ten properties.

  • Portfolio value grew by 18.2% to CHF 1.01 billion
  • Total income increased by 60.3% to CHF 15.8 million
  • Expected rental income rose by 24.7% to CHF 43.9 million

 

In the first half of 2019, the Fund reached a market value of over one billion Swiss francs through the acquisition of ten properties. Target rental income rose considerably year on year from CHF 35.2 million to CHF 43.9 million. The vacancy rate compared to year-end 2018 went up slightly from 7.7% to 8.1%. Due to positive valuation effects, unrealised capital gains and losses (including liquidation tax) rose from CHF -2.7 million to CHF 5.2 million. In the first half of 2019, preparations were made for the implementation phase of this year's renovation projects in Zofingen and Münchenstein.

 

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