Helvetica Swiss Commercial Fund – Portfolio optimisation proceeds according to plan

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Zurich, 19 October 2023 - The Helvetica Swiss Commercial Fund has notarised another property sale as part of its strategic portfolio optimisation.

• Property in Chiasso (TI) notarised for sale
• Sales price confirms solid substance of real estate portfolio
• Liquid equity is used to reduce the leverage ratio

Sale of property in Chiasso (TI)
The Helvetica Swiss Commercial Fund (HSC Fund) has successfully placed another property from its portfolio on the market. The property is a multi-storey office building with a spacious underground car park at Via Livio 1 / Via Motta 24 in Chiasso in the canton of Ticino. The property, built in 1995, was acquired for the fund in 2018. The notarisation took place at the beginning of October 2023. The transfer of ownership will be completed after the Lex Koller practice of the Canton of Ticino has been concluded. The sales price reflects the market-oriented property valuation by the external valuation expert. The strategic divestment will strengthen the geographic concentration of the portfolio.

Since the semi-annual report, two properties have been sold at a profit as part of the strategic portfolio optimisation. The total sales price is over CHF 24 million. The market value of the fund portfolio will be reduced by around CHF 21 million compared to 30 June 2023. The debt ratio as at 30 June 2023 has fallen from 30.7 percent to 28.4 percent due to the sale in Münchwilen and will be within the target corridor of 25 to 28 percent (depending on the value date of the transfer of ownership) due to the sale in Chiasso.

«The recent sales from the portfolio strengthen our strategy to create long-term value for our investors and demonstrate the value of the properties held by the fund,» says Dominik Fischer, designated Chief Investment Officer (CIO) of Helvetica.

The successful market absorption of the divestments confirms the fairly valued and solid property portfolio. The current market price of the listed and high-dividend Helvetica Swiss Commercial Fund therefore offers an attractive investment opportunity for new and existing investors.

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About Helvetica
Helvetica Property Investors AG is a leading real estate fund management and asset management company. We offer our clients sustainable value through active, long-term ownership of secure and stable real estate investments. With a fully integrated real estate investment platform, we offer standardized investment products as well as customized investment programs. We are proud of our long-standing reputation for excellent customer service and our commitment to responsible business practices. Our firm is licensed and regulated by the Swiss Financial Market Supervisory Authority FINMA.
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About Helvetica Swiss Commercial Fund
The HSC Fund is a Swiss real estate fund listed on the SIX Swiss Exchange and open to all investors. The HSC Fund invests in com-mercial and industrial properties in the most important economic areas of Switzerland. The fund's portfolio is geared towards long-term value preservation and features high location and property quality as well as broad diversification. The investment objective is primarily the long-term preservation of substance and the distribution of appropriate income. The HSC Fund is authorized by the Swiss Financial Market Supervisory Authority, FINMA.

Listing SIX Swiss Exchange; ticker symbol HSC; Valor 33 550 793; ISIN CH0335507932

Disclaimer
This media release does not constitute a prospectus within the meaning of Art. 35 et seq. of the Federal Act on Financial Services or Art. 27 et seq. of the Listing Rules of SIX Swiss Exchange Ltd, nor does it constitute a Key Investor Information Document (KID) within the meaning of the Swiss Collective Investment Schemes Act or a basic information sheet. It does not constitute an offer or a recommendation to subscribe for or redeem fund units but is intended solely for information purposes. This media release may contain forward-looking statements that are subject to uncertainties and risks and may change. Historical performance is no guarantee of current or future performance. The performance data do not take into account any commissions and costs charged on the subscription and redemption of units. The documents that are solely relevant for an investment decision, the prospectus with integrated fund contract as well as the current annual report can be obtained free of charge from the fund management company. This media release is not addressed to persons resident and/or domiciled outside Switzerland. In particular, this media release may not be made available or handed over to US persons within the meaning of the US Securities Act or US tax regulations, nor may it be distributed in the USA.