Solid Performance for Akara Swiss Diversity Property Fund PK

The Akara Swiss Diversity Property Fund PK posted strong results for the first half of 2024, with an investment yield of 2.56%. This consists of a cash flow yield of 1.66% and a real estate yield of 0.90%. This performance translates into an outperformance of 75 basis points compared to the blended KGAST Immo-Index. Since its launch, the fund has outperformed the benchmark by a cumulative 10.1%.

The portfolio optimization strategy resulted in increased efficiency, with an EBIT margin of 78.5%. Two new investments totaling CHF 185 million were made. In addition, three new buildings were acquired, while twelve others were sold through a "Capital Upcycling" approach.

The fund focuses on sustainable investments, with a construction pipeline of CHF 600 million by 2029, targeting the construction of new apartments and commercial space. A new issuance for the fourth quarter of 2025 is envisaged, demonstrating continued confidence in the market.