Real estate at a glance
|
|
| 2012 31.12.2011 [*] |
| 2011 31.12.2010 [*] |
| Change in % [1] |
| |||||||
Yield-producing properties |
|
|
|
|
|
|
|
Commercial real estate on cut-off date | number |
| 45 |
| 46 |
| –1 |
Residential real estate on cut-off date | number |
| 19 |
| 19 |
| – |
| |||||||
Market value on cut-off date | CHF million |
| 2 530.9 |
| 2 529.2 |
| +0.1 |
Average market value by object | CHF million |
| 39.5 |
| 38.9 |
| +1.5 |
| |||||||
Rental income from investment real estate | CHF million |
| 142.1 |
| 142.9 |
| –0.6 |
Vacancy rate [2] | % |
| 5.0 |
| 4.4 |
| +0.6 |
Real estate expenses | CHF million |
| 19.6 |
| 19.0 |
| +3.2 |
Real estate expenses | in % of rental income |
| 13.8 |
| 13.3 |
| +0.5 |
| |||||||
Gross yield [3] | % |
| 5.6 |
| 5.8 |
| –0.2 |
Net yield [4] | % |
| 4.9 |
| 5.1 |
| –0.2 |
| |||||||
Investment real estate under construction |
|
|
|
|
|
|
|
Buildings on cut-off date | number |
| 6 |
| 5 |
| +1 |
Market value on cut-off date | CHF million |
| 628.1 |
| 421.8 |
| +48.9 |
Investment volume | CHF million |
| 912.0 |
| 835.0 |
| +9.2 |
| |||||||
Development real estate |
|
|
|
|
|
|
|
Cost value land reserves on cut-off date | CHF million |
| 149.4 |
| 226.3 |
| –34.0 |
Estimated investment volume land reserves | CHF million |
| 739.0 |
| 992.0 |
| –25.5 |
| |||||||
Cost value buildings under construction on cut-off date | CHF million |
| 396.3 |
| 306.7 |
| +29.2 |
Estimated investment volume buildings under construction | CHF million |
| 840.0 |
| 604.0 |
| +39.1 |
| |||||||
Cost value completed buildings on cut-off date | CHF million |
| 49.1 |
| 0.0 |
| – |
[*]Should no further particulars be given, values referring to the income statement concern the full year and balance sheet value the cut-off dates 31.12.2012 resp. 31.12.2011
[1]Changes in quantum and percentage values are shown as absolute difference
[2]In percent of targeted rental income, cumulated at cut-off date
[3]Rental income from investment real estate in percent of continued market value as at 1 January
[4]Rental profit from investment real estate in percent of continued market value as at 1 January