Ad hoc announcement pursuant to Art. 53 LR August 2, 2021
Helvetica Swiss Commercial Fund (HSC Fund) with a net asset value per share of CHF 112.99
In the first half of 2021, rental income of the HSC Fund increased by approximately 14% to CHF 20.7 million (H1 2020: CHF 18.2 million). The increase compared to the same period of the previous year is mainly due to the acquisition of attractive properties during the previous year 2020. No additional properties were acquired in the first half of 2021. The value of the real estate portfolio as of June 30, 2021 was CHF 745.3 million (December 31, 2020: CHF 743.9 million; June 30, 2020: CHF 678.4 million). The occupancy rate was further improved through targeted leasing activities and remained at a very high level of 94.8% as of June 30, 2021 (31.12.2020: 94.6%; 30.06.2020: 94.4%).
Total fund assets amounted to CHF 763.4 million (31.12.2020: CHF 770.1 million; 30.06.2020: CHF 703.4 million) and net fund assets to CHF 490.7 million (31.12.2020: CHF 500.2 million; 30.06.2020: CHF 481.0 million). The distribution of profits of CHF 5.10 per fund share for the 2020 financial year was paid on April 29, 2021. The net asset value per fund share reached CHF 112.99 as of June 30, 2021. Adjusted for the distribution, this represents an increase of 2.7% compared to year-end 2020.
Further details concerning the HSC Fund can be found in the factsheet as of June 30, 2021. The full semi-annual report 2021 and additional details on the half-year results of the HSC Fund will be published on August 27, 2021.
Helvetica Swiss Living Fund (HSL Fund) grows its real estate portfolio by 70%.
The Fund management company completed a successful capital increase for the HSL Fund in the first half of 2021. The inflow of funds was used to acquire ten residential properties (and one property under construction) with a total of over 300 apartments in attractive locations and a value of around CHF 130 million (legal transfer of ownership of the ten residential properties as of April / June 2021). The value of the real estate portfolio as of June 30, 2021 reached CHF 345.8 million, an increase of around 70% compared to year-end 2020 (31.12.2020: CHF 204.3 million; 30.06.2020: CHF 100.8 million). As a result of the significant portfolio expansion that began in the previous financial year, rental income increased by 153% to CHF 4.7 million in the reporting period 2021 compared to the first half of 2020 (H1 2020: CHF 1.8 million). In a reporting date analysis as of June 30, 2021, the annual target rental income amounted to CHF 14.1 million (H1 2020: CHF 4.5 million). The occupancy rate was improved by successful re-letting activities and by the acquisitions in the first half of 2021 and amounted to 92.1% as of June 30, 2021 (31.12.2020: 89.2%; 30.06.2020: 86.9%). Total income for the first half of 2021 amounted to CHF 5.7 million (H1 2020: CHF 4.1 million).
The total fund assets of the HSL Fund amounted to CHF 352.1 million as of June 30, 2021 (31.12.2020: CHF 225.1 million; 30.06.2020: CHF 124.8 million). Considering the amount of CHF 3.10 per fund share distributed on April 29, 2021, the net fund assets reached a value of CHF 186.2 million as of the balance sheet date (31.12.2020: CHF 148.5 million; 30.06.2020: CHF 88.8 million). The net asset value per share as of June 30, 2021 was CHF 108.66 which, taking the distribution of profits into account, represents an increase of 3.3% compared to year-end 2020.
Further details on the HSL Fund can be found in the factsheet as of June 30, 2021. The full 2021 semi-annual report and additional details on the half-year results of the HSL Fund will be published on August 30, 2021.
Helvetica Swiss Opportunity Fund (HSO Fund) expands its total fund assets to over CHF 220 million
The HSO Fund also carried out a successful capital increase in the first half of 2021 and increased the real estate portfolio by over three quarters to a value of CHF 194.2 million (31.12.2020: CHF 110.3 million; 30.06.2020: CHF 51.1 million) through the purchase of one asset with five properties in Pratteln/BL. Compared to the same period last year, rental income and profitability were also significantly higher. Rental income in the 2021 reporting period increased to CHF 3.3 million (H1 2020: CHF 1.6 million) and total income to CHF 9.7 million (H1 2020: CHF 1.9 million). As of June 30, 2021, the annual target rental income of the real estate portfolio amounted to CHF 11.4 million (H1 2020: CHF 3.6 million). The occupancy rate remained at a very high rate of 95.9% (31.12.2020: 99.0%; 30.06.2020: 98.2%).
The HSO Fund has various long-term leases with key anchor tenants. The weighted average unexpired lease term (WAULT)* as of June 30, 2021 was 7.4 years (12/31/2020: 8.3 years; 06/30/2020: 6.9 years).
Total fund assets of the HSO Fund reached CHF 220.7 million as of June 30, 2021 (12/31/2020: CHF 111.6 million; 06/30/2020: CHF 67.0 million). Net fund assets increased to CHF 115.5 million (12/31/2020: CHF 83.9 million; 06/30/2020: CHF 51.9 million). The distribution of CHF 6.00 per fund share for the 2020 financial year took place on April 29, 2021. The net asset value per fund share as of June 30, 2021 increased by 9.2% to CHF 115.52, taking the distribution into account.
Further details on the HSO Fund can be found in the factsheet as of June 30, 2021. The full 2021 semi-annual report and additional details on the half-year results of the HSO Fund will be published on August 31, 2021.
Zurich, August 2, 2021 - The real estate funds of Helvetica Property Investors AG report very pleasing net asset value per share increases according to preliminary, unaudited results for the first half of 2021.
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; Valor 33 550 793; ISIN CH0335507932
About Helvetica Swiss Living Fund
The HSL Fund is a Swiss real estate fund open exclusively to qualified investors. The HSL Fund invests in residential real estate throughout Switzerland, primarily where regional and national economic centers are easily accessible. The investment focus of the fund is on older and newer properties with stable and sustainable revenues. The investment objective is primarily to preserve the fund's long-term value and to distribute reasonable profits. The fund share units can be traded over-the-counter. The HSL Fund is approved by the Swiss Financial Market Supervisory Authority, FINMA.
Ticker Symbol HSL; Valor 49 527 566; ISIN CH0495275668
About Helvetica Swiss Opportunity Fund
The HSO Fund is a Swiss real estate fund open exclusively to qualified investors. The HSO Fund invests in special purpose properties in the Swiss economic centers. The focus is on fully let properties with long-term leases and few tenants generating stable income. The investment objective is mainly the long-term preservation of value and the distribution of reasonable profits. The fund share units can be traded over-the-counter. The HSO Fund is approved by the Swiss Financial Market Supervisory Authority, FINMA.
Ticker Symbol HSO; Valor 43 472 505; ISIN CH0434725054
