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10. Properties held for sale

In CHF 1,000

2016

2015

Acquisition costs as at 1 January

14,116

9,805

Increases from purchases

724

10,536

Disposals

–913

–705

Reclassifications

4,213

–5,520

Acquisition costs as at 31 December

18,141

14,116

In 2016, two apartments in the jointly held (50%) property “Rue du Prado 19” were sold. The plot “Hérémenence” was transferred from undeveloped plots of land to properties held for sale. 

In 2015, “Route de Grinchon” in Bluche VS, a property previously held for sale, was transferred into the investment property portfolio and reclassified as residential property.