21 December 2022 | Matthias Flückiger

Successful investment group SFP AST Swiss Real Estate with continued record low vacancy rates

The SFP AST Swiss Real Estate investment group is invested in core and core-plus properties throughout Switzerland. Since its launch in December 2018, the investment group has been able to build up a broadly diversified real estate portfolio in terms of use and region through targeted acquisitions and exceeded the critical size of CHF 500.0 million portfolio value in the current financial year.

Since its launch, the investment group has reported low vacancy rates, which were achieved through successful management and prudence in the market. Since 2019, when a vacancy rate of only 0.4% was reported, this has been maintained at a similarly low level in subsequent years despite the pandemic and a difficult market environment. At the end of 2022, a vacancy rate of less than 1.5% can be expected, which is below the previous year's level. Of the total of around 630 residential units distributed throughout Switzerland, only around six apartments were vacant at the end of the year.

In addition to the indexed commercial leases, the portfolio has high value and growth reserves due to high rent potential in the residential, commercial/industrial and office uses. The investment group thus offers potential for successful further development even in a tense market environment.

Several leasing successes were achieved in the second half of the year. The lettings in the properties Root and Wallisellen deserve special mention.

In Wallisellen at Seidenstrasse 4, an area of 269 m2 was let to the company Plättli Ganz AG. Plättli Ganz AG is a family business in the building materials sector and uses the premises as a showroom for its extensive range of floor and wall tiles.

In Root, a long-term rental agreement was concluded directly with an existing subtenant in the property that was rounded off in the middle of the year. The rental contract was concluded for five years and covers around 1 300 m2.

Thanks to various other lease extensions, WAULT has so far been maintained at a similar level to the previous year.

With the leasing successes achieved in the second half of 2022, the SFP AST Swiss Real Estate investment group has recorded the pleasing business performance expected to date.

Most read articles

25.03.2024

Infrastructure secondaries in the limelight - SFP Infrastructure Partners (3/3)

In this last episode of our series, we explain why we focus on the infrastructure secondary market, a very dynamic segment, and why it is a key pillar of our strategy.
Read article
21.05.2024

Market for Rental Apartments: Clarity about Accessory Charges

Since the sharp change in direction by the Swiss National Bank (SNB) in June 2022, the market for rental apartments has seen dramatic developments. The SNB increased the benchmark interest rate for the first time in 15 years in an effort to curb rising inflation and general price pressure. Since 2023 landlords have therefore been increasing rents for tenants in line with the moves in the reference interest rate.
Read article
02.07.2024

The capital increase of the SF Retail Properties Fund was successfully completed

Thanks to this issue, the fund received new money amounting to the maximum gross amount of CHF 40.9 million. The new money from the additional shares will be used for the further expansion of the real estate portfolio, to develop the potential of existing properties, to repay interest-bearing debt and for new acquisitions.
Read article
02.07.2024

The SF Sustainable Property Fund systematically and gradually optimises properties during the holiding period

The SF Sustainable Property Fund invests in real estate assets and projects throughout Switzerland. The main focus of the real estate fund is on residential use. The fund systematically and gradually optimises properties regarding defined sustainability criteria (ESG) during the holding period.
Read article
Regular news and information on current topics.