6. Investment properties
|
In CHF 1,000 |
Residential properties |
Commercial properties |
Properties under construction |
Undeveloped plots of land |
Total investment properties |
|
Market value as at 1 January 2016 |
745,866 |
81,045 |
3,507 |
12,235 |
842,653 |
|
|
|
|
|
|
|
|
Acquisition costs as at 1 January 2016 |
285,621 |
57,471 |
4,073 |
12,235 |
359,400 |
|
Increases |
2,833 |
4,800 |
1,905 |
- |
9,538 |
|
Capitalisation of borrowing costs |
- |
- |
- |
57 |
57 |
|
Disposals |
–187 |
–3,099 |
- |
- |
–3,286 |
|
Acquisition costs as at 30 June 2016 |
288,267 |
59,172 |
5,978 |
12,292 |
365,709 |
|
|
|
|
|
|
|
|
Revaluation as at 1 January 2016 |
460,245 |
23,574 |
–566 |
- |
483,253 |
|
Gains on valuations |
21,370 |
279 |
96 |
- |
21,745 |
|
Losses on valuations |
–3,470 |
–1,537 |
- |
- |
–5,007 |
|
Disposals |
–13 |
–5,377 |
- |
- |
–5,390 |
|
Revaluation as at 30 June 2016 |
478,132 |
16,939 |
–470 |
- |
494,601 |
|
Market value as at 30 June 2016 |
766,399 |
76,111 |
5,508 |
12,292 |
860,309 |
|
|
|
|
|
|
|
|
Market value as at 1 January 2017 |
841,961 |
113,129 |
64 |
7,328 |
962,481 |
|
|
|
|
|
|
|
|
Acquisition costs as at 1 January 2017 |
332,905 |
97,747 |
64 |
7,328 |
438,044 |
|
Changes in scope of consolidation |
12,971 |
22,859 |
122 |
- |
35,951 |
|
Increases |
1,651 |
50 |
6,231 |
1,688 |
9,619 |
|
Disposals |
–1,205 |
–4,965 |
- |
- |
–6,170 |
|
Reclassifications |
- |
- |
- |
–7,328 |
–7,328 |
|
Acquisition costs as at 30 June 2017 |
346,323 |
115,691 |
6,416 |
1,688 |
470,117 |
|
|
|
|
|
|
|
|
Revaluation as at 1 January 2017 |
509,056 |
15,382 |
- |
- |
524,438 |
|
Gains on valuations |
22,730 |
126 |
- |
- |
22,856 |
|
Losses on valuations |
–2,418 |
–3,280 |
- |
- |
–5,698 |
|
Disposals |
–1,700 |
–97 |
- |
- |
–1,797 |
|
Revaluation as at 30 June 2017 |
527,667 |
12,131 |
- |
- |
539,798 |
|
Market value as at 30 June 2017 |
873,990 |
127,822 |
6,416 |
1,688 |
1,009,916 |
Increases consisted of value-enhancing renovations, purchases of buildings and investments.
In the 1st half 2017, two residential properties (Avenue Général-Guisan 40 in Pully, Route de Crans 87 in Lens) and one commercial property (Chemin de Planchy 15/15a in Bulle) were sold.
In the 1st half 2016 one residential property (Route du Pont du Diable 7 in Lens) and two commercial properties (Chocolatière 21 in Echandens, C.-F. Ramuz 106 in Pully) were sold.
The valuation of investment properties was carried out by Wüest Partner AG in accordance with national and international standards and guidelines.