Inhaltsseite:Press release from August 18, 2021

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Press release from August 18, 2021


Swisscanto (CH) Real Estate Fund Responsible Swiss Commercial: Solid half-year result 2021

The Swisscanto (CH) Real Estate Fund Responsible Swiss Commercial (ISIN: CH0111959190) achieved a solid result in the 1st half of 2021, raising net income and reducing the rent default rate. Net income increased from CHF 8.2 million in the prior year period to CHF 9.5 million. The portfolio value also has developed positively since the beginning of the year with a net appreciation of 0.7%.

The higher net income is due on the one hand to the qualitatively increased portfolio. On the other hand, various significant operational progress was made at property level. For example, the last commercial space in the converted property at Mellingerstrasse 18 in Baden was successfully let. The property is now fully let. Overall, the rent default rate in the fund's existing portfolio fell from 9.26% in 2020 to 7.97% in the first half of 2021.

For the entire fiscal year 2021, the fund continues to aim at maintaining the attractive distribution. For this purpose, the proven investment strategy and the responsible growth course will be maintained.

Half-year result 2021

Swisscanto (CH) Real Estate Fund Responsible Swiss Commercial

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This publication is an ad hoc announcement pursuant to Art. 53 of the Listing Rules of SIX Swiss Exchange AG. It is intended for information purposes only. It is solely for information and advertising purposes. It is intended for dissemination in Switzerland and is not aimed at investors in other countries. This publication was prepared by Zürcher Kantonalbank with customary due diligence. However, Zürcher Kantonalbank provides no warranty as to the correctness and completeness of the information contained therein, and accepts no liability for any losses that may be incurred as a result of using this publication. This publication is neither an offer to enter into a contract nor an invitation to make an offer for products and services. It does not constitute an offer or recommenda-tion to buy, hold or sell financial instruments. The products and services described in this publication are not available to US per-sons under applicable regulations. This publication may contain information from third-party sources. Zürcher Kantonalbank se-lects these carefully, but does not guarantee the accuracy and completeness of such information. Past performance and returns are no guarantee of future investment performance. Every investment involves risks, especially risks related to fluctuations in value and returns. The current fund documents (e.g. fund contracts, terms of contract, prospectuses and/or key investor information as well as annual reports) can be obtained from www.swisscanto.com, from Swisscanto Fondsleitung AG, Bahnhofstrasse 9, 8001 Zurich or at any branch of Zürcher Kantonalbank.


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