Schroder Immoplus announces extraordinary result

Schroder Investment Management (Switzerland) expects the Schroder Immoplus real estate fund to achieve a significant year-on-year increase in its overall performance in fiscal year 2021/22 (closing date September 30). This is announced by the fund management in an ad hoc release. On the one hand, this is due to a strong operating result, which will have a positive impact on net income. On the other hand, positive portfolio valuations and portfolio adjustments led to high realized and unrealized capital gains and to a record result in total income compared to 2021.

"We expect portfolio adjustments to further contribute to a reduction in leverage at Schroder Immoplus from 28.1% last fiscal year to approximately 21%," Schroder Investment Management further informs. Successful lettings together with the portfolio optimizations will reduce the already low vacancy rate of the previous year to below 2% as of 30.9.2022. (aw)