Swiss Prime Site Solutions – Insights June 2023

Swiss Prime Site Solutions

Communication/Mitteilungen

03/06/2023

Swiss Prime Site Solutions – Insights June 2023

Dear Sir or Madam

We are pleased to present you our first newsletter. We will be happy to keep you up to date with news in the future.

The first half of 2023 is already coming to an end and summer is just around the corner. We were able to successfully conclude the 2022 financial year with all our products and our assets under management have grown to CHF 8.0 billion. We also have an attractive development pipeline of CHF 1.1 billion.

- Despite a challenging market environment, Swiss Prime Investment Foundation successfully continued its profitable growth strategy. The «SPA Real Estate Switzerland» investment group generated net income of CHF 85.4 million (2021: CHF 74.3 million). The investment group closed the year 2022 with a very good return of 4.15% (6.39%).

- Since the launch of the Akara Diversity PK, it has outperformed the KGAST Immo-Index Mixed by a total of 5.40 percentage points. The 2022 investment return amounts to 3.25% with a strong cash flow return of 3.01%. As of the reporting date, the fund has an impressive development pipeline of over CHF 297 million until the end of 2028. A total of around 730 flats and around 6 180 mof commercial space are planned, which will create sustainable living space.

- We also recorded further successes in the first half of 2023. With our real estate fund Swiss Prime Site Solutions Investment Fund Commercial, we achieved a cumulative investment return of 2.71% after 6 months. The investment return is made up of the cash flow return of 2.63% and a change in value return of 0.08%. The annualised target range for the cash flow return of 3.5% to 4.0% was thus already 75% achieved after 6 months.

We wish you an exciting read!

Anastasius Tschopp
CEO Swiss Prime Site Solutions
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Andrea Schaller
Media Relations
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