Edmond de Rothschild Real Estate SICAV - Swiss Class A · SIX:ERRES
Edmond de Rothschild Real Estate SICAV - Swiss Class A — Edmond de Rothschild Real Estate SICAV – Commercial Income — FY2025/26 Earnings Presentation
38 slides from Edmond de Rothschild Real Estate SICAV - Swiss Class A's earnings presentation, June 2026
Slide 1: Edmond de Rothschild Real Estate SICAV – Commercial Income Annual Results 2025/26
EDMOND DE ROTHSCHILD REAL ESTATE SICAV – COMMERCIAL INCOME ANNUAL RESULTS 2025/26 JUNE 2026 www.edr-realestatesicav.ch MARKETING COMMUNICATION This document is exclusively reserved for qualified investors within the meaning of Article 10 para. 3 and 3ter of the Collective Investment Schemes Act (“CI
Slide 2: Content
CONTENT 01. OVERVIEW 02. MARKET 03. PORTFOLIO 04. FINANCIALS 05. DEALFLOW 06. OUTLOOK 2
Slide 3: Key Elements 2025/26
OVERVIEW KEY ELEMENTS 2025/26 A promising start less than 20 months after launch (July 2024) Capital markets Transactions Portfolio Four successful equity Acquisitions of 17 5.1% gross yield* on raisings totalling properties for a market investment costs with MCHF 240 value of MCHF 378.5 2.6% vacanc
Slide 4: Key Financial Figures
OVERVIEW KEY FINANCIAL FIGURES Strong financial performance March 2025 March 2026 (9 months) (12 months) Net assets 112.3 MCHF 245.5 MCHF Property values 131.7 MCHF 378.5 MCHF NAV/Share 104.28 108.54 17 buildings Premium 0.69% 2.27% Debt ratio 14.41% 36.23% CHF 19.1 mios rental income EBIT-margin 88
Slide 5: Content
CONTENT 01. OVERVIEW 02. MARKET 03. PORTFOLIO 04. FINANCIALS 05. DEALFLOW 06. OUTLOOK 5
Slide 6: Capital Market Update
MARKET CAPITAL MARKET UPDATE High agios on the listed market driven by low interest rates Spread between real estate and bond yields Close link between agios and long-term interest rates Source: UBS, 31.05.2026 Source: UBS, 31.05.2026 EDMOND DE ROTHSCHILD 6
Slide 7: Direct Market Update
MARKET DIRECT MARKET UPDATE Healthy fundamentals in the Geneva commercial sector Good take-up and increasing rental levels Decreasing availability and limited supply Source: CBRE, May 2026 Source: CBRE, May 2026 EDMOND DE ROTHSCHILD 7
Slide 8: Content
CONTENT 01. OVERVIEW 02. MARKET 03. PORTFOLIO 04. FINANCIALS 05. DEALFLOW 06. OUTLOOK 8
Slide 9: Allocations & Diversification
PORTFOLIO ALLOCATIONS & DIVERSIFICATION First diversification achieved Regional allocation (% DCF) Strategy allocation (% DCF) Others Saint-Gall 6,2% Bâle- 3,2% Campagne 6,4% Vaud Valais 30,2% 7,5% Core 41,6% Core+ 58,4% Zurich 19,2% Genève 27,4% Regional diversification: Strategy diversification: V
Slide 10: Allocations & Diversification
PORTFOLIO ALLOCATIONS & DIVERSIFICATION First diversification achieved Sector allocation (% DCF) Tenant sector allocation (% income) Others Storage 6,4% Hotel 4,7% Industry, Artisanal & 4,7% Logistics 36,2% Fitness Office 7,6% 32,1% Modern Office 38,8% Parkings 9,1% Health Industrial/ 20,2% Logistic
Slide 11: Allocations & Diversification
PORTFOLIO ALLOCATIONS & DIVERSIFICATION First diversification achieved Building diversification (% DCF) Top 10 tenants (% cumulative RI) Zürich, Buckhausers CLINIQUE CIC SAXON trasse 24-26 CLINIQUE MAISONNEUVE WSP INGENIEURS CONSEILS Facchinetti Automobiles… Nyon, Route ti&m Service de Champ Colin S
Slide 12: Léman 29 Saxon (VS)
REALISED ACQUISITION OVERVIEW LÉMAN 29 › Fully-let OpRE-Health care building SAXON (VS) › Single-tenant medial group with an 8,5Y lease term + (3x 10y options) › Building from 2012 heating through pellets + geothermal heat pump STATUS PROJECT SIZE Transferred Asset deal MCHF 27.0 RISK/RETURN PROFILE
Slide 13: Ateliers 4 Meyrin (GE)
REALISED ACQUISITION OVERVIEW ATELIERS 4 › Newly constructed building close to the airport and the highway MEYRIN (GE) › Fully-let multi-tenant building with 10Y WAULT › Average rental ratio of CHF 147/m2/y for artisanal and CHF 245/m2/year for office STATUS PROJECT SIZE Transferred in February 2026
Slide 14: Centrale 39 Chavannes-près-Renens (VD)
REALISED ACQUISITION OVERVIEW CENTRALE 39 › Newly constructed building located in the dynamic area around CHAVANNES-PRÈS- Renens/Unil/EPFL RENENS (VD) › Fully-let multi-tenant building with 15,6Y WAULT › 75% of rental income comes from a fixed lease term with a hotel STATUS PROJECT SIZE Transferred
Slide 15: Champ-Colin 2ABC Nyon (VD)
REALISED ACQUISITION OVERVIEW CHAMP-COLIN 2ABC* › Artisanal building in the dynamic area of Nyon NYON (VD) › Multi-tenant building with a few terminated leases (11% of rental income terminated for November 2027) › CAPEX budget of CHF 3.2 mios for ESG improvements › Average rental ratio of CHF 200/m2
Slide 16: Niedfeldstrasse 2 Kriens (LU)
CONSTRUCTION PROJECT OVERVIEW NIEDFELDSTRASSE 2 › New 3-star hotel in a newly developed neighborhood (Kriens Nidfeld) with delivery expected in April 2028 KRIENS (LU) › 15Y lease contract signed with B&B with 2x 15 years options › B&B is a successful brand opening its 5th hotel in Switzerland › TU-V
Slide 17: Content
CONTENT 01. OVERVIEW 02. MARKET 03. PORTFOLIO 04. FINANCIALS 05. DEALFLOW 06. OUTLOOK 17
Slide 18: Zoom on Vacancies
FINANCIALS ZOOM ON VACANCIES Daily focus of the asset management team › Morges 22-24 – Crissier CHF 200K 14,0% 11,5% › 9,8% as at 31.03.2026 12,0% 9,8% 9,7% › Fully let as at 01.04.2026 10,0% 0,0% 7,2% › Ateliers 4 – Meyrin 8,0% CHF 100K › One remaining area of 500 sqm to be let 4,8% 6,0% 3,0% › Str
Slide 19: P&L Statement
FINANCIALS P&L STATEMENT Strong cash-flow generation drives high distribution 31.03.2025 31.03.2026 › CHF 5.32/share generated well- In MCHF (9 months) (12 months) above the minimum distribution Rental income 1.49 10.22 target of CHF 4.50/share Total Revenue 2.77 16.04 › Strong top-line growth drive
Slide 20: Net Result 31.03.2026
FINANCIALS NET RESULT 31.03.2026 Net Result per share breakdown Building level Fund level 9,00 › Figures adjusted for accrued 8,22 income paid by subscribing 8,00 -0,07 investors 7,27 0,11 -0,73 › Key metrics 7,00 -0,17 -0,63 › Building costs : 11.6% of income 6,00 -0,43 › Building gross/net yields
Slide 21: Evolution of NAV
FINANCIALS EVOLUTION OF NAV Increased NAV per share despite dividend distribution 110,00 › First distribution in July 2025 109,00 0,81 108,54 › Strong net result 108,00 5,32 › Positive revaluation gains 107,00 106,00 105,00 104,28 104,00 103,00 102,00 -1,87 101,00 100,00 NAV Dividend paid Net result
Slide 22: Valuations
FINANCIALS VALUATIONS Significant unrealised gains in line with our expectations Unrealised gain DCF Gross Yield* Value at cost Type after deferred tax (MCHF) on DCF (MCHF) (MCHF) Assets in portfolio as at 31.03.25 132.67 5.05% 128.23 +0.72 5 properties Acquisitions 236.96 5.17% 233.83 +0.35 11 prop
Slide 23: Financing
FINANCIALS FINANCING Attractive and diversified debt portfolio LTV at 36.2% as of 31.03.2026 Average cost of debt at 1,12% / Weighted average maturity at 5,01 years 60 000 000 1,80% 1,68% 1,60%1,60% 50 000 000 1,46% 1,40% 1,40% 1,40% 40 000 000 1,20% 1,00% 1,00% 30 000 000 0,90% 0,80% 20 000 000 0,6
Slide 24: Content
CONTENT 01. OVERVIEW 02. MARKET 03. PORTFOLIO 04. FINANCIALS 05. DEALFLOW 06. OUTLOOK 24
Slide 25: Secured Dealflow
DEALFLOW SECURED DEALFLOW Strong pipeline of secured investment opportunites Volume Indicative Buildings Status Sector Strategy Future CAPEX (MCHF) gross/net yields Retail & Light Vétroz (VS) Signed Core+ 15.1 5.8% / 5.3% Limited logistics Industrial & Light Plan-les-Ouates (GE) Signed Core+ 18.9 5.
Slide 26: Cantonale 2-4 Vétroz (VS)
DEALFLOW OVERVIEW CANTONALE 2-4 › Fully-let building rented at a low rental level of CHF 123/sqm/year VÉTROZ (VS) › Multi-tenant complex with a WAULT above 4 years › Potential to rent additional spaces with a strong upside potential STATUS PROJECT SIZE Signed Asset deal MCHF 15.1 RISK/RETURN PROFILE
Slide 27: Pré-Fleuri 14 Plan-les-Ouates (GE)
DEALFLOW OVERVIEW PRÉ-FLEURI 14 › Well-located artisanal building in the ZIPLO area PLAN-LES-OUATES (GE) › Fully-let multi-tenant building with a 3.1-year WAULT › Attractive rental level at CHF 200/sqm/year STATUS PROJECT SIZE Signed Asset deal MCHF 18.9 Freehold RISK/RETURN PROFILE SUSTAINABILITY I
Slide 28: Divone 52 Nyon (VD)
DEALFLOW OVERVIEW DIVONE 52 › Well-located artisanal building in the Nyon area NYON (VD) › Currently fully vacant. EdR REIM is securing a tenant at the same time. › Attractive rental ratio of CHF 210/sqm/year STATUS PROJECT SIZE Exclusivity Share deal MCHF 4.5 RISK/RETURN PROFILE SUSTAINABILITY INIT
Slide 29: Grossmattstrasse 9 Urdorf (ZH)
DEALFLOW OVERVIEW GROSSMATTSTRASSE 9 › Well-located office building in a good condition URDORF (ZH) › Multi (23) tenant buildings with a short WAULT (2.7 years) but tenants in place for a long time › Attractive rental level at CHF 175/sqm/year › 9.7% vacancy rate fully covered by a 3-year rental gua
Slide 30: O'Belmont Geneva (GE)
DEALFLOW OVERVIEW O’BELMONT › Very well-located building opposite the Eaux-Vives Léman Express station GENEVA (GE) › Offices and retail lots in a brand-new mixed-use development › 15Y WAULT + rental guarantee STATUS PROJECT SIZE Signed Asset deal MCHF 27.5 Froward pruchase RISK/RETURN PROFILE SUSTAI
Slide 31: Content
CONTENT 01. OVERVIEW 02. MARKET 03. PORTFOLIO 04. FINANCIALS 05. DEALFLOW 06. OUTLOOK 31
Slide 32: Budget 2026/27
OUTLOOK BUDGET 2026/27 Strong cash-flow generation bodes well for distribution › Budget for FY 2026/27 › Gross yields at portfolio level @ 5.16% › Vacancy rate @ 2.59% › Financing costs @ 1.12% › TER (GAV) @ 0.70% ➔ CHF 5.00 distribution fully covered by recurring net income* EDMOND DE ROTHSCHILD *R
Slide 33: 2026 Capital Increase
OUTLOOK 2026 CAPITAL INCREASE October 2026 capital increase Emission price around CHF 106-108 (post Fully secured ~ MCHF 80 equity distribution of CHF investment pipeline 5.32/share in July 2026) Terms and conditions Preferred subscription Open to qualified expected in summer rights for existing inv
Slide 34: Conclusion
OUTLOOK CONCLUSION Key success factors Investment Invest in resilient Experienced Strong opportunities sectors with team with governance at attractive strong rental proven and attractive prices prospects track-record cost structure ✓ Four successful capital raising ✓ Deployment of funds above busine
Slide 35: Contacts
CONTACTS Leadership team Pierre Arnaud Jonathan JACQUOT ANDRIEU MARTIN Co-CEO Co-CEO Managing Director Rue du Rhône 30 Rue du Rhône 30 Rue du Rhône 30 1204 Geneva 1204 Geneva 1204 Geneva Switzerland Switzerland Switzerland T: +41 79 406 33 08 T: +41 79 250 78 19 T: +41 79 611 94 13 p.jacquot@reim-ed
Slide 36: Fund Terms
FUND TERMS Name Edmond de Rothschild Real Estate SICAV – Commercial income Target return 4.5% income return and 6% total return per annum* Acquire assets at attractive initial yields, hold long term and manage actively to sustain and enhance Strategy income Types of assets Modern offices, urban indu
Slide 37: Disclaimer
DISCLAIMER Important legal information This marketing material has been issued by Edmond de Rothschild REIM (Suisse), S.A., (hereinafter “EdR REIM”) located at 30 rue du Rhône, 1204 Geneva, Switzerland, a subsidiary of Edmond de Rothschild (Suisse) S.A. and manager of collective assets authorised an
Slide 38: www.edmond-de-rothschild.com
www.edmond-de-rothschild.com EDMOND DE ROTHSCHILD
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