SF Urban Properties - SF Urban Properties AG

Scroll

Strong half-year results 2024

The strong 2024 half-year results of SF Urban Properties Ltd (SIX Swiss Exchange: SFPN) reflect income growth, an increase in rentals, and an acquisition. Coupled with focused cost management, this overall led to an increase in earnings per share from CHF 1.62 to CHF 1.90.
To the press release

Market for Rental Apartments: Clarity about Accessory Charges

Since the sharp change in direction by the Swiss National Bank (SNB) in June 2022, the market for rental apartments has seen dramatic developments. The SNB increased the benchmark interest rate for the first time in 15 years in an effort to curb rising inflation and general price pressure. Since 2023 landlords have therefore been increasing rents for tenants in line with the moves in the reference interest rate.
To the Insight

Focus on Urban Locations

SF Urban Properties Ltd is a Swiss real estate company that was founded in 2001 and has been listed on the SIX Swiss Exchange since 2012. Its investment focus falls on the management of investment properties and the sale of condominium properties in excellent locations. Combining these investment options means that shareholders can earn an attractive distribution yield.

Key Facts as at 30 June 2024

765

CHF Million in
Portfolio Value of
Investment Properties

4.3

%
Gross Yield

1.8

%
Vacancy Rate

3.60

CHF
Distribution
per Registered Share Financial Year 2023

3.9

%
Distribution Yield Financial Year 2023

5.9

avg.
Fixed-interest Period

72.7

CHF Million
in Investment Costs
for Condominium Projects

Number of
Condominium Projects

>18

Avg. % ROI on
Condominium Projects

Using Real Estate to Create Value

Our focus falls on investing in properties at excellent locations in urban centres, with an emphasis on the cities of Zurich and Basel. We invest in properties that have the long-term potential to generate a strong cash flow and demonstrate unrealised value potential. We also invest in condominium projects.
Portrait & strategy