31 March 2025
SF Urban Properties Ltd
Share Price CHF 100.00
Description | Performance (reset on base 100) |
SF Urban Properties Ltd (SFUP) is a Swiss real estate company based in Zurich. It invests in residential, commercial and development properties with a focus on the cities of Zurich and Basel. Its strategy is geared towards economic areas and locations that show more potential than others due to demographic, legal or economic conditions or their changes.
Company Data
Company | SF Urban Properties Ltd |
Legal form | Swiss Corporation (AG) |
CEO | Bruno Kurz |
CFO | Sascha Küng |
Asset manager | Swiss Finance & Property Funds Ltd |
Valuation expert | Wüest Partner AG |
Market Maker | Swiss Finance & Property Ltd |
Holding structure real estate | Direct property |
Benchmark | REAL Index |
Management fee | 0.71% (NAV); 0.5% > 250 Mio. |
Auditors | PricewaterhouseCoopers |
SIX Swiss Exchange listing | 17 April 2012 |
Portfolio value | CHF 786.8 mn |
investment properties | (as at 31 December 2024) |
Security number | 3281613 |
ISIN number | CH0032816131 |
Bloomberg code | SFPN SW Equity |
Distribution for 2024 | CHF 3.65 |
Distribution yield | 3.71% |
as at 31 December 2024 |
Market Value by Region (as at 31 December 2024)
Type of Usage (as at 31 December 2024)
Cumulative Performance (in %)
YTD | 1 mt | 3 mts | 1 year | 3 years | 5 years | Since | |
Inception | |||||||
SFUP | 1.63% | 1.21% | 1.63% | 11.78% | 8.67% | 36.18% | 96.06% |
Benchmark | 9.31% | 4.89% | 9.31% | 24.14% | 22.14% | 35.13% | 143.69% |
The performance since inception is now calculated from the listing date, which may result in a
discrepancy compared to the performance of the previous month.
Ratios on return and performance | Unit | 31 Dec. 2024 | 31 Dec. 2023 |
Investment yield | % | 1.73 | (3.07) |
EBIT margin investment properties | % | 71.65 | 61.90 |
excl. revaluation | |||
Return on equity (ROE) excl. Revaluation | % | 3.32 | 3.81 |
Distribution yield | % | 3.71 | 3.87 |
Ratios on the financial markets | Unit | 31 Dec. 2024 | 31 Dec. 2023 |
Premium | % | (11.72) | (17.82) |
Share price | CHF | 98.40 | 93.00 |
Ratios on the balance sheet | Unit | 31 Dec. 2024 | 31 Dec. 2023 |
Market value of properties | CHF | 786 834 000 | 745 645 483 |
Gross asset value | CHF | 873 207 000 | 836 463 615 |
Net fund assets | CHF | 374 828 000 | 379 966 710 |
Borrowing ratio | % | 44.30 | |
LTV (Loan-to-Value) | % | 47.39 | 45.94 |
Ratios on the income statement | Unit | 31 Dec. 2024 | 31 Dec. 2023 |
Rental income | CHF | 31 210 000 | 29 763 000 |
Total operating income before revaluations | CHF | 51 945 000 | 51 870 000 |
Ratios on the units | Unit | 31 Dec. 2024 | 31 Dec. 2023 |
Net asset value | CHF | 111.47 | 113.17 |
Distribution per unit | CHF | 3.65 | 3.60 |
‒ of which free of withholding tax | CHF | 3.65 | 2.90 |
Units at end of reporting period | pc. | 3 351 930 | 3 351 930 |
Ratios on the portfolio | Unit | 31 Dec. 2024 | 31 Dec. 2023 |
Number of investment properties | pc. | 50 | 47 |
Number of development properties | pc. | 5 | 6 |
Gross yield | % | 4.15 | 4.20 |
Real discount rate | % | 2.78 | 2.76 |
Nominal discount rate | % | 4.06 | 4.05 |
Vacancy rate as at reporting date | % | 1.36 | 1.26 |
WAULT in years | years | 4.00 | 3.70 |
Historical performance data is no guarantee of future returns.
SF Urban Properties Ltd | Page 1/2 |
31 March 2025
SF Urban Properties Ltd
Share Price CHF 100.00
Sustainability
SFUP takes responsibility for its impact on the environment, society and the economy and will continuously reduce its ecological footprint. It received 4 out of 5 stars in the GRESB rating for the year 2023. Further information on sustainability can be found at www.sfurban.ch/en/about-us/sustainability.
GRESB Rating | GRESB Portfolio Summary |
Source: GRESB
GRESB Rating Standing Investment | 4 out of 5 |
All intellectual property rights to this data belong exclusively to GRESB B.V. All rights reserved. GRESB B.V. has no liability to | |
GRESB Score Standing Investment | 82 out of 100 |
any person (including a natural person, corporate or unincorporated body) for any losses, damages, costs, expenses or | |
GRESB Average | 76 out of 100 |
other liabilities suffered as a result of any use of or reliance on any of the information which may be attributed to it. | |
GRESB Peer Average | 76 out of 100 |
GRESB ESG Breakdown
Source: GRESB
Head Client Relationship Management & Marketing
Dr. Patrick Sege | Seefeldstrasse 275 | 8008 Zurich | sege@sfp.ch | +41 43 344 74 78 | www.sfp.ch
Disclaimer
This document is intended for use solely by the person to whom it is conveyed on a confidential basis. By accepting and retaining this material and the information therein, which is intended for marketing purposes, the recipients confirm and agree to uphold the confidentiality of this document. The recipient is not authorised to transmit this document to third parties. This material may not be duplicated or copied, in whole or in part, for any purpose without the written prior consent of SF Urban Properties Ltd. This document constitutes neither an offer nor a recommendation to buy or sell securities or financial instruments and should not be interpreted as investment advice or any other type of decision-making tool or suggestion with regard to legal, tax-related or other matters. Neither the present document nor copies thereof may be sent, taken or distributed to the United States of America, or given to US persons (within the meaning of Regulation S of the US Securities Act of 1933 in its current valid version). Past performance is neither a guarantee nor an indicator of current or future performance or returns. The performance does not take into account any commissions and costs for issue or redemption of fund units. The annual and semi-annual reports can be obtained free of charge from SF Urban Properties Ltd and can be downloaded from www.sfurban.ch.
SF Urban Properties Ltd | Page 2/2 |