SF Urban Properties Ltd generates attractive profit contribution from property sales
SF Urban Properties Ltd has successfully completed the strategic focus on investments in urban locations in Zurich and Basel, adopted in 2024, through the sale of two properties outside these regions: the property at Uitikonerstrasse 17 in Schlieren in March 2026 and the property at Bohl 4 in St. Gallen in June 2026.
The sale proceeds will generate a positive, planned profit contribution after deferred taxes of CHF 3.63 mn, or CHF 1.08 per registered share.
To further strengthen its investment portfolio, the property on Richard-Wagner-Strasse in Zurich's Enge district will be developed as a rental apartment building instead of a development property earmarked for sale with an expected investment volume of CHF 25 mn. In addition to its strategically attractive location, the decisive factor behind this decision was the expected return, which is significantly above the current market level. During the second half of the year, the acquisition of additional building land plots is planned in order to expand the development property pipeline as scheduled.
The Company is currently evaluating attractive acquisition opportunities for income-generating investment properties to further strengthen its investment portfolio. Information on the potential implementation of the ordinary capital increase approved at the Annual General Meeting on 15 April will be provided in due course.
Against this backdrop, the company confirms its guidance for 2026.
Contact
CEO
SF Urban Properties Ltd
CFO
SF Urban Properties Ltd