The SF Commercial Properties Fund can look back on a successful first half of 2018. Using the new capital of CHF 126 million raised during the capital increase in November 2017, two properties were acquired in the first half of 2018. On the reporting date, the portfolio comprised 15 properties with a total market value of CHF 247.5 million. The average gross return on the total portfolio was 6.7%. CHF 4.25 per share was paid out in March 2018.