EQS Group-Ad-hoc: Swiss Life Asset Managers / Key word(s): Half Year Results 27 May 2020 Swiss Life REF (CH) Swiss Properties: Solid half-year result with high occupancy rate The Swiss Life REF (CH) Swiss Properties real estate fund invests in residential properties in Swiss cities and their suburbs as well as in centrally located commercial premises. On the half-year closing at end-March 2020, the fund owned 88 properties with a market value of around CHF 1270 million. Thanks to the focus on good locations combined with active lettings management, the already low rate of rental losses was reduced still further to 3.0% (March 2019: 3.7%). The net asset value per unit was CHF 107.53 at the end of March 2020 (March 2019: CHF 106.88). Since its launch in November 2015, the fund has posted an excellent annualised performance of around 9.0% based on the stock market price. This beat the reference index by approximately 3.4% (SXI Real Estate Funds Broad: 5.6%). High-quality real estate still attractive You can find the Swiss Life REF (CH) Swiss Properties half-year report here. Information Media Relations Phone +41 43 284 77 77 Investor Relations / / / Swiss Life Asset Managers As at 31 December 2019 assets under management for third-party clients amount to CHF 83.0 billion. Together with insurance mandates for the Swiss Life Group, total assets under management at Swiss Life Asset Managers stood at CHF 254.4 billion. Swiss Life Asset Managers employs more than 2100 people in Europe. 1 PropertyEU, Top 100 Investors, October 2019 Disclaimer This document has been produced with the greatest of care and to the best of our knowledge and belief. However, we do not accept any liability for losses resulting from the use of this information. This publication is not intended as a solicitation or recommendation to buy or sell investment instruments, but only serves to provide information. The source of all data and diagrams (unless stated otherwise) is Swiss Life Asset Management Ltd. End of ad hoc announcement |
Language: | English |
Company: | Swiss Life Asset Managers |
General-Guisan-Quai 40 | |
8022 Zürich | |
Switzerland | |
Phone: | +41 43 284 41 89 |
E-mail: | sl-am-communication@swisslife.ch |
Internet: | www.swisslife-am.com |
ISIN: | CH0293784861 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1055891 |
End of Announcement | EQS Group News Service |
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1055891 27-May-2020 CET/CEST