Akara Swiss Diversity Property Fund PK passes 3 billion mark and celebrates 10th anniversary with strong performance

Akara Swiss Diversity Property Fund PK (Akara Fund) can look back on a successful 2025 financial year (01.01.–31.12.2025). In the fund’s tenth year (launch: 25 October 2016),
the portfolio volume as at 31 December 2025 exceeded the CHF 3 billion threshold for the first time, confirming the Akara Fund’s position as the leading real estate fund for tax-exempt
pension funds. With a return on investment of 4.45%, the fund has cumulatively outperformed the benchmark KGAST Immo-Index Mixed by 8.49 percentage points since its launch in autumn 2016,
confirming its long-term competitiveness. The strong return on investment comprises a cash flow yield of 3.13% and capital growth of 1.32%.

Attractive distribution and robust capital structure
The tax-exempt cash yield is 3.00%, which is within the target range. A distribution of CHF 35.00 per unit is scheduled with a payment date of 24 April 2026. To
further strengthen the shareholders’ equity base, the 14th, 15th and 16th capital increases were completed successfully in the 2025 financial year. The fund raised CHF 306 million in
new shareholders’ equity. The funds were used for specific acquisitions in line with the fund’s strategy and for the further development of the project pipeline that is independent of the market.
At the same time, the fund strengthened its balance sheet structure and reduced the loan-to-value ratio to 24.2%.

Stable earnings performance and strong operational basis
In 2025, the Akara Fund achieved stable growth in net rental income, efficient cost management and targeted value-enhancing measures in its existing properties and ongoing
projects. The cash flow yield of 3.13% underlines the high quality and stability of the existing portfolio’s earning power. Rental income rose by more than 5% to around CHF 97 million,
with like-for-like growth of 1.2%. The average property size increased further to CHF 20 million, reflecting the portfolio’s increasing efficiency and scalability. As at
31 December 2025, the vacancy rate stood at 3.20% – still within the defined strategic range. The reported vacancies are directly related to repositioning, tenant changes and
preparations for development and optimisation measures.