Accesskeys

Close Download Center

Download Center

Half-Year Report 2019

PRESS RELEASE HALF-YEAR RESULTS 2019

PRESENTATION OF THE HALF-YEAR RESULTS 2019

Development properties as at 30 June 2019

 

 

 

 

 

 

 

 

 

 

 

Total lettable area

Canton

Place

Address

Book value (CHF million)

Built

Project description

Project Status

Realisation period 2)

Ownership Type 3)

Ownership %

Site area in sqm

Total in sqm 4)

Residential in %

Commercial in %

Retail in %

Other in %

Development properties held for sale

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

VS

Lens

Le Prado 1)

1.8

2015

2 condominiums

for sale

C (189/1000)

50%

1,317

341

100%

BE

Saanen

Gstaadstrasse 6/8

26.3

2019

17 condominiums, 5 shops

for sale

C (944/1000)

100%

2,347

2,644

82%

18%

VD

St.–Sulpice

Chemin des Chantres 8

7.5

4 condominiums

under construction

2019

S

100%

3,118

812

100%

VS

Lens

Route de Crans 89

2.3

Residential

under construction

2019

C (543/1000)

100%

3,959

1,370

100%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

37.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment properties under construction

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

VS

Sion

Chemin Grély 21

5.0

Commercial

under construction

2019

S

100%

3,339

2,824

100%

VS

Lens

Route de Crans 85

7.8

Commercial

under construction

2019

S

100%

40,399

7,892

100%

VS

Sion

L’Ile Grély

3.8

Commercial

under construction

2020

S

100%

16,655

12,578

100%

VS

Lens

Route des Mélèzes

0.1

Commercial

in planning

2021-2022

S

100%

2,683

6,100

 

100%

 

 

Total

16.7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investment in real estate company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

VS

Hérémence 5)

Route de la Forêt Derrière

18.5

1 hotel, 12 buildings

under construction

2016–2026 6)

P

42%

25,088

19,500

66%

34%

 

 

Total

18.5

 

 

 

 

 

 

 

 

 

 

 

 

1) The Group owns 50% of the subsidiary and has applied JV accounting. Sqm information relates to 100% of the property.

2) Future dates indicate planned completion of the development project.

3) S = Sole ownership / C = Condominium / P = Partial ownership

4) Lettable area sqm numbers relate to 100% of the properties.

5) Accumulated construction cost CHF 33.4 million

6) The first building was completed in 2018, while completion of the whole project is planned for 2026.