Akara Swiss Diversity Property Fund PK: Return on Investment Rises to 2.12% in First Half of 2024

In the first half of 2024, the Akara Swiss Diversity Property Fund PK (Akara Diversity PK) reported a return on investment of 2.12%, up from 0.82% in the previous year. This increase is supported by a cash flow yield of 1.49% and capital growth of 0.63%. The fund, since its 2016 inception, has outperformed the KGAST Immo-Index Mixed by 7.88%.

The portfolio, valued at approximately CHF 2.8 billion, consists of 158 properties. Notable achievements include a reduction in the vacancy rate to 1.85% and an increase in the net yield on completed buildings to 3.17%. Strategic transactions included acquiring four properties worth CHF 120 million and divesting six properties for CHF 86 million.

Sustainable projects progressed, with full occupancy in two new builds in Zurich and a successful market placement for the expanded Meyrin property. The fund also raised CHF 45 million in new equity during its 12th capital increase in May/June 2024.