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Press Release Ad Hoc

Swiss Real Estate Fund closes successful 2021/22 financial year, plans capital increase

01.06.22

PATRIMONIUM SWISS REAL ESTATE FUND (PSREF) closes a successful 2021/22 financial year and plans a new capital increase.

The Fund, listed on the SIX Swiss Exchange, pursues its development and closes the financial year with a very good investment return of 7.56%. Rental income increased from CHF 44.84 million to CHF 47.55 million in the financial year and net asset value (NAV) per unit after distribution grew from CHF 139.97 to CHF 146.76. A dividend of CHF 3.80 is paid out.

The Fund closes the 2021/22 financial year on 31 March 2022 with a CHF 2.72, or 6% increase in income. This increase is mainly due to new rentals and rent adjustments from completed projects and renovations.

The market value of the properties has also increased from CHF 1,059,278,000 to CHF 1,133,699,900.

As at 31 March 2022, the PSREF portfolio consists of 54 residential properties, 9 mixed-use properties and 6 commercial properties. According to Wüest Partner, the average rent increase potential for the residential portion of the portfolio properties amounts to CHF 32/m2 per year.

The debt financing ratio as per 31.03.2022 is 23.94% (31.03.2021: 23.36%) with an average interest rate of 0.86% (previous year: 1.06%).

The withholding tax-free dividend of CHF 3.80 per unit will be paid out on 13.07.2022 (ex-date: 14.06.2022).

Capital increase planned for June / July 2022

The Fund plans to carry out a capital increase between 22 June and 06 July 2022. Detailed information on the transaction such as issue price, subscription ratio and subscription period will be announced shortly before the capital increase.

Patrimonium Swiss Real Estate Fund
Patrimonium Swiss Real Estate Fund (“PSREF”) is a real estate fund under Swiss law in accordance with the Swiss Federal Act on Collective Investment Schemes of 23 June 2006. The fund has been authorised by the Swiss Financial Market Supervisory Authority FINMA. The fund management company is Patrimonium Asset Management SA, Baar; the custodian bank and paying agent is Banque Cantonale Vaudoise, Lausanne. The fund contract, the prospectus, the simplified prospectus and the latest annual report can be obtained free of charge on request from the fund management company and the distributors.

Patrimonium Asset Management AG

Patrimonium Asset Management AG (“Patrimonium”) is a fund management company authorised by the Swiss Financial Market Supervisory Authority (FINMA), specialising in private markets. Patrimonium offers investment opportunities in real estate, private debt, private equity and infrastructure to qualified and professional investors. With 70 professionals based in Lausanne, Zurich and Zug, Patrimonium manages assets of CHF 3.8 billion. Your Partner in Private Markets

The information provided in this document is for marketing purposes only. Information on the development of individual securities in the past is not necessarily representative of future developments. All performance figures are not guaranteed. The performance data do not take into account commissions and fees charged on the issue and redemption of units.

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