sur Swiss Prime Sites Solutions (isin : CH1139099068)
Swiss Prime Site Solutions Investment Fund Commercial Reports Strong Performance in H1 2023/2024
Swiss Prime Site Solutions Investment Fund Commercial (SPSS IFC) achieved a cash flow yield of 2.75% in the first half of the 2023/2024 period, surpassing the target range of 1.75%-2.0%. This yield corresponds to earnings per share of CHF 2.74, with over 60% of the target dividend per share already reached halfway through the year.
Since its launch on 17 December 2021, SPSS IFC has shown a total return of +7.24% up to 31 March 2024, outperforming the SXI Real Estate Funds Total Return Index (SWIIT) by +12.77%.
The fund’s vacancy rate dropped to 1.7% from 3.2% in H1 2022/2023, reflecting effective asset management. The property "Centro Lugano Sud" was fully let, and the rent default rate decreased to 1.6% from 3.7%.
Net revenue increased by 2%, aided by high indexing and reduced vacancies, contributing to an EBIT margin of 86% at property level. The weighted average unexpired lease term (WAULT) stabilized at 5.5 years.
Sustainability efforts include reliance on heat pumps for 60% of the energy mix and integrating long-term investment plans for CO2 reduction. The fund secured 17% of the target rent through green leases and is participating in a GRESB assessment.
R. P.
Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.
Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève
Voir toutes les actualités de Swiss Prime Sites Solutions