SFP Investment Foundation remains on growth track
SFP Investment Foundation is satisfied with the course of business in fiscal year 2021. The assets under management of the investment groups increased, and acquisitions are also planned for 2022.
According to the SFP Investment Foundation, CHF 103 million were drawn down and invested in the SFP AST Swiss Real Estate investment group in fiscal year 2021. The portfolio of the investment group thus consists of 27 properties with a value of CHF 384 million. The target rental income amounts to CHF 13.8 million. The investment return for the 2021 financial year is put at 4.86%; the TER GAV has fallen to 0.65%.
The investment group's portfolio can be expanded by more than CHF 250 million with the subscriptions ready to be called and taking into account the strategic leverage ratio of 20%, SFP Investment Foundation said. Thereafter, the growth is to be continued by raising new capital.
According to SFP Investment Foundation, SFP AST Global Core Property has recovered significantly from the impact of the Covid pandemic: SFP AST Global Core Property Hedged CHF realized a net return of between 9.50% and 10.21% in 2021, and SFP AST Global Core Property realized a net return of between 10.03% and 10.74%. Assets under management of the two investment groups increased to CHF 269.2 million (+29.8 million). (ah)
