ACRON HELVETIA VII Immobilien AG

Office Property Portikon (Minergie P^®) – Zurich-Opfikon

The investment property comprises the seven-story, fully leased "Portikon" office building located in Glattpark in Zurich-Opfikon. Construction of the building, which features an atrium, was completed in September 2009. The two main tenants, Baxter Healthcare S.A. and Takeda Pharmaceuticals International GmbH, operate in the pharmaceuticals and healthcare industries and together have leased around 90% of the available net leasable area until 2019. Portikon is one of the largest buildings in Switzerland designed and built according to the Swiss Minergie-P^® standard, which is comparable to the German Passivhaus standard for energy efficiency. The property is the first project by the Swiss subsidiary of HOCHTIEF.

The total financing amount for the investment company is CHF 142 million. The forecast distribution will amount to 6.25 percent annually starting in 2010. At the beginning of 2014, the return is projected to increase to an annual rate of 6.50 percent. By 2024, the company will make distributions exclusively by way of tax-free par value reductions. Subsequently, there will be a combination of par value reductions and payment of a dividend.

The shares of ACRON HELVETIA VII Immobilien AG have been listed on the BX Berne eXchange since October 17, 2011 (www.acron-helvetia7.ch).

Market Making

In order to ensure liquid trading, the company has signed a market making contract with Zürcher Kantonalbank (ZKB). The Market Making procedure of the ACRON HELVETIA VII shares aims to alleviate fluctuations of the share price and reduce the maximum margin between bid price and ask price in order to contribute to a more liquid market. As a Swiss stock cooperation of the ACRON HELVETIA series the ACRON HELVETIA VII fulfils today’s all relevant and important investment criterias for investors such as safety, reliability and transparency.


Legal form	Swiss stock corporation CH-660.7.854.008-8
Address / registered office of the company	ACRON HELVETIA VII Immobilien AG c/o ACRON AG Splügenstrasse 14 8002 Zurich Switzerland
Year issued	2009
Year closed	2011
Number of shareholders	86

The Property


Type of use	Office property - Minergie P^®
Address	Thurgauerstrasse 130 8152 Glattpark Zurich-Opfikon Switzerland
Year constructed	2009
Site area	6,622 m² (71,252 sq. ft.)
Net leasable area	18,800 m² (193,680 sq. ft.)
Occupancy rate in % of total area	100
Rental income, in CHF	7,715,000 (2010)
Parking spaces	144

The Tenants


Tenant I	Baxter Healthcare S.A.
Lease term	Since August 1, 2009: 10 years until 31 July 2019 and 31 October 2019 respectively, two options to extend for 5 years, 100% indexing to Swiss consumer price index
Net leasable area	45,94%
Tenant II	Takeda Pharmaceuticals International GmbH
Lease term	Since October 1, 2009: 10 years until 31 December 2019, two options to extend for 5 years, 100% indexing to Swiss consumer price index Onetime right of special termination to the 31 December 2014 with a compensation in the amount of a full year net rent
Net leasable area	44,71%
Tenant III	Graf Z AG
Lease term	Since August 1, 2009: 10 years until 30 September 2019, two options to extend for 5 years, 100% indexing to Swiss consumer price index
Net leasable area	5,35%
Tenant IV	HOCHTIEF Facility Management Swiss AG
Lease term	Since August 1, 2009: 4 years until 14 July 2013, 100% indexing to Swiss consumer price index
Net leasable area	0,85%
Tenant V	HOCHTIEF Development Schweiz AG
Lease term	Since June 1, 2010: 8 years until 31 May 2018, one option to extend for 5 years, 100% indexing to Swiss consumer price index
Net leasable area	3,15%