Inhaltsseite:Press release from August 18, 2021

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Press release from August 18, 2021


Swisscanto (CH) Real Estate Fund Responsible IFCA: Increased net income in the first half of 2021

The Swisscanto (CH) Real Estate Fund Responsible IFCA (ISIN: CH0037430946) again achieved a strong result in the first half of 2021. Compared to the same period of the previous year, net income increased significantly from CHF 18.6 million to CHF 19.5 million.

The increase is based, on the one hand, on a further reduction in the rent default rate from an already low 3.7% in 2020 to 3.4% in the current financial year. On the other hand, additional income was realized from refurbishment projects and from the acquisition of the property at Lehnstrasse 89 in St. Gallen. This confirms the attractiveness of the portfolio and the long-term fund strategy. 

Overall, the fund continues to aim to maintain its long-standing stable and sustainable distribution for the 2021 financial year.

Half-year result 2021

Swisscanto (CH) Real Estate Fund Responsible IFCA

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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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