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HELVETICA PROPERTY Portfolio value of Helvetica Swiss Commercial Fund slightly higher than previous year

Transparency directive : regulatory news

29/07/2022 07:01

Helvetica Property / Key word(s): Half Year Results
Portfolio value of Helvetica Swiss Commercial Fund slightly higher than previous year

29-Jul-2022 / 07:01 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.


Ad hoc-disclosure according to article 53 KR July 29, 2022

Press release (PDF)

Zurich, July 29, 2022 – Helvetica Swiss Commercial Fund increases occupancy rate to 93.4%.

      The fund management company looks back on a successful first semester of the Helvetica Swiss Commercial Fund. The market value increased slightly by around 0.4% to CHF 753 million compared to the end of the previous year. Rental income increased by 2.6% compared to the previous period. Active asset management increased the occupancy rate from 93.1% to 93.6%. For the second half of the year, the focus will be on exploiting the potential of the free-standing rental space. It is expected that the occupancy quote will increase further.

As of June 30, 2022, the fund comprises 35 properties with a total area of around 308,000 m2. Further information on the Helvetica Swiss Commercial Fund can be found in the current Fact sheet.

 

Outlook

Current market developments are being closely monitored by the fund management company, with the SNB expected to raise interest rates again in fall. Further interest rate steps cannot be ruled out. The fund manager is already taking these developments into account in its current business activities. Due to robust Swiss economic data, continued high migration, declining construction activity, and sustained high inflation, the fund management expects a stable performance of the portfolio. An attractive distribution of profits is also expected for fiscal year 2022.

 

The semi-annual report will be published on August 24.

Media Contacts

Peter R. Vogel  Salman Baday
Chief Financial Officer Head Sales & Marketing
T +41 43 544 70 84 T+41 43 544 70 95
prv@helvetica.com sb@helvetica.com

About Helvetica

Helvetica Property Investors AG is a leading real estate fund management company and asset management firm. We deliver sustainable value to our clients through active, long-term ownership of safe and stable real estate investments. With a fully integrated real estate investment platform, we are able to provide both standardized investment products and customized investment plans. We are proud of our longstanding reputation for outstanding client service and dedication to responsible ownership. Our firm is approved and regulated by the Swiss Financial Market Supervisory Authority FINMA.

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 commercial and industrial properties in the major 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 mainly the long-term preservation of value and the distribution of reasonable profits. The HSC Fund is approved by the Swiss Financial Market Supervisory Authority, FINMA. 

Listing SIX Swiss Exchange; ticker symbol HSC; security 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, nor a prospectus, a simplified prospectus or Key Investor Information Document (KIID) 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 to or redeem fund units, but is intended solely for information purposes. 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 shares. The units of the HSL Fund and the HSO Fund may not be publicly offered or promoted in Switzerland. The documents that are solely relevant for an investment decision, the prospectus with integrated fund contract as well as the simplified prospectus can be obtained free of charge from the fund management company. This media release is not addressed to persons domiciled and/or incorporated 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 US.



End of ad hoc announcement
Language: English
Company: Helvetica Property
Brandschenkestrasse 47
8002 Zürich
Switzerland
Phone: +41 43 544 7080
E-mail: office@helvetica.com
Internet: www.helvetica.com
ISIN: CH0495275668
Valor: 49527566
Listed: SIX Swiss Exchange
EQS News ID: 1408683

 
End of Announcement EQS News Service

1408683  29-Jul-2022 CET/CEST

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