Swiss Prime Site Solutions Fund Sees Strong Cash Flow in H1 2023/24

• Strong cash flow yield of 2.75% in the first half of 2023/2024, exceeding the target range of 1.75%-2.0%
• Relative outperformance of +12.77% versus the SXI Real Estate Funds Total Return Index (SWIIT) since launch
• Vacancy rate halved to a low 1.7%, with rent default rate reduced to 1.6%
• Net revenue increased by 2%, with a high EBIT margin of 86% at property level
• Implementation of sustainability strategy, including 60% energy mix from heat pumps and 17% of target rent secured through "green leases"
• Selective portfolio growth with a focus on acquisitions generating attractive and sustainable cash flow yield, targeting properties in German-speaking Switzerland