Helvetica announces indicative NAV estimate for end of 2024 in view of IPO of Helvetica Swiss Opportunity Fund on 11 February 2025

Press release

Zurich, 6 February 2025 – The fund management company is preparing to list the HSO Fund on the SIX Swiss Exchange, with trading starting on 11 February 2025. In this context, it has disclosed an indicative estimate of the net asset value (NAV) as of the end of 2024.

With regards to the listing of the HSO Fund, the fund management company has decided to provide an updated NAV estimate as of the end of 2024 in order to inform investors as best as possible within the regulatory requirements. The first trading day on the SIX Swiss Exchange remains set for 11 February 2025.

During advanced calculations for the annual financial statements, an indicative NAV for the end of 2024 was able to be determined. The fund management company currently assumes this to be between 6 and 7 percent below the value published on 30 June 2024. The reduction is due to the deduction from the disposals of properties communicated in the press release on 19 December 2024, the positive tax effects resulting from the transactions, the valuation result of the remaining portfolio and the income accrued in the fund.

The expected distribution for 2024 remains unchanged year on year at CHF 5.50 per unit, as already communicated on 19 December 2024.

With the current NAV estimate, the fund management company is offering investors a decision-making basis in the run-up to the HSO Fund’s initial public offering. This move will form the basis for the planned merger with the Helvetica Swiss Commercial Fund (HSC Fund) by mid-2025.

The annual report as at 31 December 2024 will be published for the HSO Fund on 5 March 2025.

The fund management company will issue information on further steps on a regular basis.

About Helvetica
Helvetica Property Investors AG, founded in 2006, is a leading real estate fund and asset management corporation regulated by FINMA. We offer institutional investors and private investors lasting value through long-term ownership of stable real estate assets with solid returns. With our fully integrated real estate asset platform, we cover the entire value chain, develop customer-specific investment solutions, and provide standardized investment products: The listed HSC Fund for commercial property, the HSO Fund for special commercial property, and the HSL Fund for residential property invest in attractive locations across Switzerland with good transport connections to regional economic centers. Our commitment to a sustainable future takes into account ESG requirements along the entire real estate life and investment cycle, and is formally integrated at fund level. Helvetica.com

Helvetica Swiss Opportunity Fund
The HSO Fund is a Swiss real estate fund open to all investors. The HSO Fund invests in commercial special real estate in the Swiss economic centers. The focus is on fully leased properties with long-term leases and few tenants that generate stable income. The investment objective is mainly to preserve the value of the properties over the long term and to distribute appropriate income. The fund units are tradable over the counter. The HSO Fund is authorized by the Swiss Financial Market Supervisory Authority FINMA. Ticker symbol HSO; valor 43 472 505; ISIN CH0434725054

Helvetica Swiss Commercial Fund
The HSC Fund is a Swiss real estate fund listed on the SIX Swiss Exchange and open to all investors. The HSC Fund invests in commercial and industrial properties in the most important economic areas of Switzerland. The fund's portfolio is geared towards long-term value preservation and features high location and property quality as well as broad diversification. The investment objective is primarily the long-term preservation of substance and the distribution of appropriate income. The HSC Fund is authorized by the Swiss Financial Market Supervisory Authority FINMA. Listing SIX Swiss Exchange; ticker symbol HSC; Valor 33 550 793; ISIN CH0335507932

Disclaimer
This media release does not constitute a prospectus within the meaning of Art. 35 et seq. of the Federal Act on Financial Services, nor a basic information sheet. It does not constitute an offer or a recommendation to subscribe for or redeem fund units but is intended solely for information purposes. This media release may contain forward-looking statements that are subject to uncertainties and risks and may change. Historical performance is no guarantee of current or future performance. The performance data do not take into account any commissions and costs charged on the subscription and redemption of units. The documents that are solely relevant for an investment decision, the prospectus with integrated fund contract as well as the current annual report can be obtained free of charge from the fund management company. This media release is not addressed to persons resident and/or domiciled outside Switzerland. In particular, this media release may not be made available or handed over to US persons within the meaning of the US Securities Act or US tax regulations, nor may it be distributed in the USA.
In case of doubt, the German version shall prevail.