Swiss Prime Site Solutions Fund Reports Strong 2023/2024 Performance

Swiss Prime Site Solutions Investment Fund Commercial (SPSS IFC) concluded its 2023/2024 financial year with notable successes. The fund achieved a 9.7% increase in rental income, reaching CHF 22.7 million, attributed to rent hikes and minimized vacancies. The vacancy rate hit a record low of 1.5%, with a stable WAULT of 5.4 years. Additionally, the EBIT margin improved to 76.3%.

The fund's cash flow yield was 5.7%, surpassing its >4.0% target. Consequently, dividend distribution rose from CHF 4.40 to CHF 4.90 per unit, maintaining a defensive payout ratio of 87%. The fund also excelled in sustainability with reduced CO2 emissions and energy use, achieving a high GRESB rating.

Since its inception in 2021, SPSS IFC has outperformed the SWIIT index by 8.2%, showcasing strong performance in over-the-counter trading.