Realstone RSF further expands its portfolio
The fund acquired two residential properties in the canton of Aargau at a purchase price of CHF 23.50 million.
The Realstone RSF fund has further strengthened its residential allocation by acquiring two new properties in Oberkulm (AG) and Untersiggenthal (AG) for a total of CHF 23.50 million. According to the fund, the properties handed over in June meet high sustainability criteria and generate rental income totaling CHF 1.02 million.
The two new acquisitions are a property at Rotkornstrasse 9, 11a and 11b in Oberkulm (AG) with 38 apartments (1.5 to 4.5 rooms) spread over 2,651 square meters. The building is located close to the SBB railroad station and is heated by a heat pump with a geothermal probe. The rental income amounts to CHF 712,500 with a purchase price of CHF 15.95 million; the gross purchase price yield is 4.47%. According to Realstone, the net result on equity amounted to 2.99% in the first year of operation. 13 of the 38 apartments have not yet been let, but the developer is securing the rental income until the end of the calendar year with a rental guarantee, according to the fund.
Secondly, Realstone RSF acquired a new building at Hardackerstrasse 2 in Untersiggenthal (AG) at a purchase price of CHF 7.55 million. The building comprises 14 high-quality apartments (mainly 2.5 rooms), spread over 1,223 square meters. The property is only a few steps away from the Siggenthal-Würenlingen SBB train station. The rental income amounts to CHF 302,916 and the gross income is CHF 4.01%. Here too, the fund has achieved a rental guarantee until the end of the calendar year, with only one apartment still unlet. (ah)
