SFP AST: Issue massively oversubscribed
With proceeds of CHF 360 million, the «Swiss Real Estate» investment group has exceeded its original issue target by more than half. The volume could have been even higher.
The SFP Investment Foundation has completed a further capital increase for the SFP AST Swiss Real Estate investment group. According to the information provided, 24 new investors were acquired, bringing the total number of investors in the investment group to 146. With an issue volume of CHF 360 million, the original target volume of CHF 200 million was significantly exceeded. Subscriptions totaling over CHF 500 million were received, according to SFP.
Half of the issue volume will be paid out in a first call on January 14. «Due to the strong demand, all subscriptions received will be reduced proportionally,» says SFP.
Portfolio grows strongly
In the 4th quarter, the investment group integrated two properties with a total purchase price of CHF 118.8 million into the investment group. The integration of a logistics property in Meyrin with a market value of CHF 81.0 million increased the proportion of rental income from logistics use in relation to total rental income to 25%. With the residential property in the Monbijou district in Berne, the investments in the region were further expanded and the market value share increased to 9%.
In addition, three properties from the extended pipeline with a total purchase price of CHF 49.2 million were linked. The three purely residential properties will be notarized in December 2025 and January 2026. In the 2026 financial year, two additional development properties in the cities of Zurich and St. Gallen with a purchase price of CHF 110 million will be integrated into the investment group upon completion. Two further residential developments in the city of Zurich with a purchase price volume of CHF 92.7 million have been linked; construction is scheduled to start in the new financial year.
Several projects about to start
Four construction projects with an investment volume of CHF 48 million and an average return on investment of over 5% will start construction in the new financial year. Once the construction work has been completed, the investment group will be able to increase its income by over CHF 2.5 million, according to the press release.
