FINANCIALS 2021 IN BRIEF
Another set of remarkable results underlying the resilience of our business model while navigating through particularly difficult circumstances in the last two years
properties/PORTFOLIO
- –Portfolio value at CHF 1,735 million +16%
- –High revaluation effects underline the quality of the portfolio
- –Residential at 93%
- –171 buildings
- –3,073 residential units
- –Low vacancy rate at 2.2%
REAL ESTATE SERVICES
- –Revenue growth by 28%
- –Organic revenue growth as well as through acquisitions
- –EBIT margin of 9.3%
NET PROFIT
CHF 201 million – Net profit without revaluation gains at CHF 41 million
NET ASSET VALUE
NAV per share excluding deferred taxes with regard to properties further increased to CHF 88.73
LTV
LTV at conservative 37%
PROPOSED DIVIDEND
Unchanged dividend at CHF 2.50 per share to be proposed
“Looking back on the last five years I am very proud of everything we have achieved since our IPO in 2016, with all parts of our business contributing to the excellent results. All targets set during the IPO were over-accomplished and we delivered on all our ambitions set. Our positioning is unique in the Swiss real estate market, and we will expand on this basis. In an environment that still contains many uncertainties, our business model has proved its resilience and our employees across the country have made a real contribution. We have created value for all our stakeholders.”