Portfolio

T-Systems

Office Building T-Systems – Münchenbuchsee, Bern-Zollikofen

ACRON HELVETIA III Immobilien AG's investment property is a six-story office building which is fully leased to T-Systems Schweiz AG. This indirect subsidiary of Deutsche Telekom provides high-quality information and communication technologies to corporate clients. The building was designed with a wide variety of uses in mind so that if the tenant T-Systems were to move out, which seems unlikely given the current situation, it could be used by other tenants.

The total financing amount for ACRON HELVETIA III is CHF 27.2 million. All of the company's share capital had been subscribed by German and Swiss investors as of the end of December 2006. The expected distribution averaging 6.88 percent annually will be made by way of a combination of par value reduction and dividend payments.

The shares of ACRON HELVETIA III Immobilien AG (stock market symbol: AHCN) have been listed on the BX Berne eXchange since June 30, 2009

Office Building Detail

Details

Legal form

Swiss stock corporation
CHE-112.344.607

Address / registered office of the company

ACRON HELVETIA III Immobilien AG
c/o Notariat Peter Brand
Fellenbergstrasse 5
3053 Münchenbuchsee
Switzerland

Year issued

2005

Year closed

2006

Number of shareholders at the time of issuance

43

Number of shareholders at July 1, 2015

52 (shareholders registered in the share register)

The Property

Type of use

Six-story office building

Adress

Industriestrasse 21
3052 Bern-Zollikofen
Switzerland

Year constructed

2003

Site area

2,906 m² (31,269 sq. ft.)

Net leasable area

7,263 m² (78,150 sq. ft.)
(of which 14,430 m² / 155,266 sq. ft. storage)

Occupancy rate in % of total area

100

Parking spaces

57 (30 underground garage spaces and 27 outdoor)

The Tenants

Tenant I

T-Systems Schweiz AG

Lease term

12-year lease ending December 31, 2028

Share of net leasable area

100% of total net leasable area

Tenant II

TDC Switzerland AG - Sunrise

Lease term

15-year lease ending January 1, 2020 with an automatic extension for another 5 years

Share of net leasable area

Telecommunications equipment on the roof and a number of service cabinets on the top floor

Key Figures (in CHF)

Investment volume

27,200,000

Share capital

8,200,000

Borrowed funds

19,000,000