ACRON HELVETIA III Immobilien AG

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 have been listed on the BX Berne eXchange since June 30, 2009 (www.acron-helvetia3.ch).

Legal form	Swiss stock corporation CH-053.3.017.319-9
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	44

The Property

Type of use	Six-story office building
Address	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.)
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	15-year lease ending March 31, 2018 with an option to extend once for 5 years
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