PORTFOLIO – FOCUS

The portfolio was valued at CHF 1,735 million as at 31 December 2021 and mainly consists of  3,073 middle-income residential units in 171 buildings. These residential properties are made up by apartments in the mid-price segment and located in the Lake Geneva region. Its focus on this region and on that particular segment is the Group’s USP.

Detailed information on the properties is available on the Company website or in the property list in this annual report.

Avenue de Florissant 30/32, Renens

Investis has developed its Properties business line over 25 years. It generated revenues of CHF 60.0 million and an operating profit (EBIT) of CHF 225.1 million in 2021.

INVESTMENT PROPERTIES – MAINLY RESIDENTIAL

Based on market value and main use, 93% of the properties are used for residential and 7% for commercial purposes. With such a high ratio of residential properties in the portfolio the risk of vacancies is low.

The following graphs depict the geographical distribution and main use of the investment properties:

RENT DEVELOPMENT

Over the years Investis aims to achieve a 1–2% annual like-for-like rental growth. Based on CBRE’s appraisal report as per end of 2021 the rent potential was estimated at +12%.