Swiss Prime Site AG, Switzerland’s largest real estate group, reported a 17% increase in first-half net profit to CHF 192.5 million, driven by higher rents and continued strong revaluations.
Rental income from the group’s core property segment rose 2.2% to CHF 230.6 million in the six months to June 30, 2026. Portfolio revaluations totaled CHF 148.0 million, down from CHF 216.9 million in the same period a year earlier but still contributing materially to earnings. Excluding revaluations, net profit increased 6.0% to CHF 165.7 million. The key funds-from-operations metric (FFO I) reached CHF 2.15 per share, up from CHF 2.10 in the prior-year period.
The company’s owned real estate portfolio appreciated 0.6% to CHF 14.0 billion, while occupancy remained stable at 96.3%, with the vacancy rate unchanged at 3.7%.
Swiss Prime Site’s asset management arm, Swiss Prime Site Solutions, reported a 5.2% rise in revenue to CHF 40.0 million. Net inflows totaled CHF 0.95 billion, lifting total assets under management to CHF 14.8 billion, a 3.5% increase from year-end 2025.
The group reaffirmed its full-year 2026 guidance, targeting higher rental income, a further decline in vacancy rates, and continued inflows of around CHF 1.0 billion in asset management. FFO I is expected to land at the top end of the CHF 4.25–4.30 per share range.
