Swiss Prime Investment Foundation shows impressive strength in 2023

The Swiss Prime Investment Foundation (SPF) demonstrated remarkable resilience in the 2023 financial year, recording strong financial and operational performance despite a challenging market. The cash flow yield reached 3.26%, and rental income saw a significant increase of 23.8%, amounting to CHF 134.5 million. This growth is attributed to an effective strategy for the development of attractive housing and the success of the “SPF Immobilier Suisse” investment group.

The real estate portfolio saw its value increase to CHF 3,927.7 million, benefiting from dynamic management which made it possible to carry out six major transactions and launch new development projects. The vacancy rate reached a historic low of 1.77%, highlighting the quality of the foundation's real estate portfolio. At the same time, SPF continued its commitment to sustainability, improving its score on the Global Real Estate Sustainability Benchmark (GRESB) and affirming its adherence to the United Nations Principles for Responsible Investment (UN PRI).

The “SPF Living+ Europe” investment group also had a notable performance, being fully invested for the first time since its launch, signifying a major step forward in its European diversification strategy. This performance underpins SPF’s ability to successfully navigate a complex economic environment, while placing sustainability at the heart of its operations.