Solvalor 61: Half-year results stable
The real estate fund Solvalor 61 generated an investment return of 6.62% in the first half of the fiscal year. As of December 31, the fund recorded a net half-year result of CHF 14.24 million (PY: CHF 14.36 million).
According to the fund management company Realstone SA, total assets increased by 6.77% to CHF 1.39 billion in the half-year. The increase is mainly explained by the appreciation of the real estate portfolio and the acquisition of the property Rue de Jaman 1-3/William-Thomi 2 in Clarens (VD). The property has 20 apartments and a rental reserve of 50%, the purchase price was CHF 12.25 million.
The reduction in vacancies and the marketing of the properties Chemin Falconnier 33 to 39 and Allée de la Petite Prairie 16-18 in Nyon (VD) led to a reduction in rent losses of 59% to CHF 0.47 million. This corresponds to a reduction in the rental loss rate to 1.55%, which, together with the growth in the tenant level of 0.65%, led to an increase in rental income of 3.00% compared to the first half of 2021/2022, to CHF 30.35 million. (aw)
