Helvetica Swiss Living Fund: Year-end update confirms strong operating performance and attractive distribution prospects for 2025
- Investment return expected to exceed 4%, of which around 3% from net income
- Targeted distribution for 2025 of CHF 2.80 per share on track
- Vacancy rate further reduced and expected to be around 3% at the end of the year
- External financing stable within target range and remaining term extended to 2 years
- Portfolio optimized through one sale and two acquisitions in the second half of 2025
In the second half of 2025, the fund further optimized its portfolio and strengthened its focus on sought-after suburban locations. A residential property in eastern Switzerland with a value of around CHF 17 million was sold at market value. At the same time, the HSL Fund acquired two attractive residential properties in the Bern area in Hindelbank and Pieterlen with a total value of around CHF 23.5 million. The net yield on the two purchases is above the portfolio average of 3.1% and offers predictable cash flows. In addition, future capex requirements will be reduced. A key objective was to reduce vacancy rates. By the middle of the year, this had already been reduced to 3.6% (as of the reporting date). A figure of around 3% is expected at the end of the year (December 31, 2024: 4.4%). A positive performance is emerging for the year-end valuation. This is based on stable discount rates and operational improvements to the properties.
The debt ratio remains within the target range of 25 to 28%. Thanks to new mortgages with terms of seven and ten years, the proportion of long-term liabilities remains at around 50%. At the same time, the average remaining term has been extended to around two years and attractive conditions have been secured for the long term.
The HSL Fund is thus showing a strong year-end picture. Based on the operational development and the successful portfolio and financing optimization, a return on investment significantly above the target level of 4% is expected. The fund also anticipates a distribution of CHF 2.80 per share, which is in line with the previous year's level.
Media contact
| Urs Kunz | Patricia Neupert |
| Chief Commercial Officer, | Head Marketing & Communications |
| Member of the Executive Board | |
| T +41 43 544 70 95 | T +41 43 544 70 98 |
| urs.kunz@helvetica.com | patricia.neupert@helvetica.com |
About Helvetica
Helvetica Property Investors AG, founded in 2006, is an independent real estate investment manager and FINMA-regulated fund management company. We offer institutional and private investors stable real estate investments with solid returns or develop customized solutions that we manage through our fully integrated value chain. Our listed investment vehicles – the HSC Fund with a focus on commercial properties and the HSL Fund with a focus on residential properties – invest in high-growth suburban locations throughout Switzerland. Sustainability is an integral part of our approach and is formally anchored at fund level throughout the entire real estate cycle. Helvetica.com
Helvetica Swiss Living Fund
The HSL Fund is a Swiss real estate fund for retail investors listed on the SIX Swiss Exchange. It invests in residential properties throughout Switzerland, primarily in high-growth suburban locations with good access to economic centers. All properties are GEAK certified. The investment horizon is geared toward long-term asset preservation and the distribution of steady income. The HSL Fund is approved by the Swiss Financial Market Supervisory Authority FINMA. Listing: SIX Swiss Exchange; ticker symbol: HSL; security number: 49 527 566; ISIN: CH0495275668
Disclaimer
This information constitutes advertising in accordance with the provisions of the Financial Services Act (FIDLEG). This communication (i) does not constitute a prospectus within the meaning of Art. 35 ff. FIDLEG, a basic information sheet within the meaning of Art. 58 ff. FIDLEG, or an issue prospectus in accordance with the listing regulations of a Swiss stock exchange, and (ii) may not be offered in Switzerland or from Switzerland in general or otherwise made available to the public. This communication is intended exclusively for recipients residing in Switzerland for their personal use and may not be reproduced, modified, distributed or transmitted to other recipients, either in whole or in part, without the written consent of Helvetica Property Investors AG. It does not constitute an offer or a recommendation to subscribe to or redeem fund units, but is for informational purposes only. The documents that are solely relevant for an investment decision, such as the prospectus with integrated fund contract, can be obtained free of charge from Helvetica Property Investors AG, Brandschenkestrasse 47, 8002 Zurich, www.helvetica.com). Investments in financial products involve various risks, including the potential loss of the capital invested (total loss). Helvetica Property Investors AG is not liable for any losses or damages (direct, indirect, and consequential) caused by the distribution of this document or its contents or in connection with the distribution of this document. This communication and the information contained herein may not be brought or transferred to the United States of America (USA) or distributed or transferred to U.S. persons (including legal entities) or to publications with general circulation in the USA. The same applies to all states and countries in which the offering of the real estate fund is prohibited.
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