Helvetica Swiss Living Fund experiences rising tenant demand in financial year 2023

suburban locations reduce rent default rate - Seite 2

Financing strategy
In accordance with the financing strategy adapted to the current market opportunities, new long-term liabilities have been concluded. In the meantime, 11% of liabilities have been tied up with a term of more than one year. Sales in the current year are expected to reduce the debt financing ratio from 43% to below the regulatory figure of 33%.

Distribution of dividend
In view of future investment planning, the distribution of dividend for financial year 2023 is CHF 2.20 per share, corresponding to a distribution yield of 2.06%. The distribution will be made with a value date of 26 April 2024 (ex-date 24 April 2024).

Fund shares
At the end of financial year 2023, 267,390 shares were cancelled. This corresponds to 7% of the shares in circulation. The shares cancelled as per 31 December 2023 will be repaid no later than March 2025.

Events after the balance sheet date
As a result of the sale of properties in Wittenbach (Canton of St. Gallen) and La Chaux-de-Fonds (Canton of Neuchâtel), which had already been notarised at the end of 2023, the debt financing ratio at the end of 2023 will decline by one percentage point. Further strategic property sales are planned.

For more details, facts and figures, see the 2023 Annual Report of the HSL Fund: https://www.helvetica.com/en/products/download-center 

Ticker Symbol HSL; Valor 49 527 566; ISIN CH0495275668

Media contacts

Urs Kunz Chief Commercial Officer, Member of the Executive Board T [phone] [e-mail]

Patricia Neupert Head Marketing & Communications T [phone] [e-mail]

About Helvetica
Helvetica Property Investors AG, founded in 2006, is a leading real estate fund and asset management corporation regulated by FINMA. We offer institutional investors and private investors lasting value through active and long-term ownership of secure and stable real estate assets with solid returns. With our fully integrated real estate asset platform, we cover the entire value chain, develop customer-specific investment solutions, and provide standardized investment products: The listed HSC Fund for commercial property, the HSO Fund for special commercial property, and the HSL Fund for residential property invest in attractive locations across Switzerland with good transport connections to regional economic centers. Our commitment to a sustainable future takes into account ESG requirements along the entire real estate life and investment cycle, and is formally integrated at fund level.