Key Figures - SF Urban Properties AG

SF Urban Properties Ltdas at 31 May 2026

Share Price CHF

99.60

Description

SF Urban Properties Ltd (SFUP) is a Swiss real estate company based in Zurich. The company follows a core/satellite investment approach. It primarily invests in a portfolio of income-generating properties located in urban areas in the cities of Zurich and Basel. In addition, it develops and sells residential condominiums through selected development projects along the Lake Zurich region. The investment strategy also focuses on locations that offer above-average development or value appreciation potential due to demographic or economic conditions.

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
Auditors	PricewaterhouseCoopers AG
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% > CHF 250 mn
SIX Swiss Exchange listing	17 April 2012
Portfolio value investment properties as at 31 December 2025	CHF 823.1 mn
Security / ISIN number	3281613 / CH0032816131
Bloomberg code	SFPN SW Equity
Distribution for 2025	CHF 3.65
Distribution yield as at 31 December 2025	3.63%
Final distribution for the financial year 2025	22 April 2026

Market Value by Region (as at 31 December 2025)

Type of Usage (as at 31 December 2025)

Performance (reset on base 100)

Cumulative Performance (in %)

	YTD	1 mt	3 mts	1 year	3 years	5 years	Since Inception
SFUP	2.65%	-1.39%	-3.13%	7.46%	31.96%	20.67%	110.31%
Benchmark	6.80%	-3.25%	-6.85%	12.67%	67.12%	51.71%	193.59%

Ratios

Ratios on return and performance	Unit	31 Dec. 2025	31 Dec. 2024
Earnings per share (EPS) incl. revaluations	CHF	12.73	4.76
Earnings per share (EPS) excl. revaluations	CHF	3.50	3.73
Funds from Operations per share (FFO I)	CHF	5.29	4.86
Investment yield	%	13.30	1.73
EBIT margin investment properties excl. revaluation	%	59.42	71.65
Return on equity (ROE) excl. Revaluation	%	3.00	3.32
Distribution yield	%	3.63	3.71

Ratios on the financial markets	Unit	31 Dec. 2025	31 Dec. 2024
Premium	%	-17.73	-11.72
Share price	CHF	100.50	98.40

Ratios on the balance sheet	Unit	31 Dec. 2025	31 Dec. 2024
Market value of properties	KCHF	823 099	786 834
Gross asset value	KCHF	949 582	873 207
Net fund assets	KCHF	410 905	374 828
LTV (Loan-to-Value)	%	47.23	47.39
Equity ratio	%	43.27	42.93

Ratios on the income statement	Unit	31 Dec. 2025	31 Dec. 2024
Income from investment properties	KCHF	31 744	31 210
Revaluations	KCHF	38 436	4 311
Net profit from the investment segment, excl. revaluations	KCHF	8 584	11 040
Net profit from the promotions segment	KCHF	3 156	1 459

Ratios on the units	Unit	31 Dec. 2025	31 Dec. 2024
Net asset value	CHF	122.16	111.47
Distribution per unit	CHF	3.65	3.65
‒ of which free of withholding tax	CHF	1.83	3.65
Units at end of reporting period	pc.	3 351 930	3 351 930

Ratios on the portfolio	Unit	31 Dec. 2025	31 Dec. 2024
Number of investment properties	pc.	50	50
Number of development properties	pc.	7	5
Gross yield	%	3.90	4.15
Real discount rate	%	2.64	2.78
Vacancy rate as at reporting date	%	1.85	1.36
WAULT in years	years	4.10	4.00

Historical performance data is no guarantee of future returns.

GRESB Rating

GRESB Rating Standing Investment	★★★★
GRESB Score Standing Investment	88 out of 100
GRESB Average	79 out of 100
GRESB Peer Average	85 out of 100

GRESB Portfolio Summary

<p><sub>Source: GRESB</sub></p><p><sub>All intellectual property rights to this data belong exclusively to GRESB B.V. All rights reserved. GRESB B.V. has no liability to any person (including a natural person, corporate or unincorporated body) for any losses, damages, costs, expenses or other liabilities suffered as a result of any use of or reliance on any of the information which may be attributed to it.</sub></p> — _{Source: GRESB}
_{All intellectual property rights to this data belong exclusively to GRESB B.V. All rights reserved. GRESB B.V. has no liability to any person (including a natural person, corporate or unincorporated body) for any losses, damages, costs, expenses or other liabilities suffered as a result of any use of or reliance on any of the information which may be attributed to it.}

GRESB ESG Breakdown

<p><sub>Source: GRESB</sub></p> — _{Source: GRESB}

The information in the factsheet linked below is relevant.