Description
(AWP Alliance News) - Novavest Real Estate posted first-half 2026 profit including revaluation gains of CHF 20.1 million, up 25.47%, with EPS of CHF 1.98. Profit excluding revaluation gains rose 19.94% to CHF 15.2 million, while rental income slipped 2.14% to CHF 20.7 million. The property portfolio's market value fell to CHF 946.1 million due to the sale of seven properties, generating CHF 3.6 million in gains, while the revaluation result improved to CHF 6 million.
Leverage tightened, with the loan-to-value ratio easing to 48.8% from 51.2% and the vacancy rate edging down to 1.9% from 2%. Management expects Swiss real estate market conditions to remain positive in the second half, keeping balance sheet optimization and selective portfolio disposals in focus.
https://docs.publicnow.com/B92EB0C88A4DDFCF918258824E631827A6AF7693
Disclaimer: This news brief was created using generative artificial intelligence. Novavest Real Estate AG published the original content used to generate this news brief on August 19, 2026, and is solely responsible for the information contained therein.
