Pleasing results for first of half 2024 thanks to almost fully let portfolio

• Net income of CHF 28.2 million was substantially higher than the previous year’s figure (CHF 1.9 million)
• After adjusting for revaluation and special effects, net income showed a slight increase of 0.4% to CHF 18.1 million.
• Property income rose by 3.1% in the first half of 2024 to CHF 33.8 million.
• The vacancy rate fell significantly to a very low 0.7% (3.9% as at 31 December 2023).
• The pleasing rental situation and rise in rental income led to a revaluation gain of CHF 11.5 million.
• The portfolio value increased by CHF 14.9 million to CHF 1.84 billion.
• The very solid equity ratio as at 30 June 2024 was unchanged at 54.9%.
• The Swiss Sustainable Building Council awarded the Suurstoffi site – as the first site in Switzerland – the DGNB Platinum Certificate for the planning and construction of sustainable districts.
  

Half-Year Report 2024 (PDF)