Real estate at a glance
|
|
| 2014 31.12.2014 [*] |
| 2013 31.12.2013 [*] |
| Change in % [1] |
| |||||||
Yield-producing properties |
|
|
|
|
|
|
|
Residential real estate on cut-off date | number |
| 20 |
| 18 |
| +2 |
Commercial real estate on cut-off date | number |
| 44 |
| 42 |
| +2 |
| |||||||
Market value on cut-off date | CHF million |
| 3 509.6 |
| 2 610.2 |
| +34.5 |
Average market value by object | CHF million |
| 54.8 |
| 43.5 |
| +26.0 |
| |||||||
Rental income from investment real estate | CHF million |
| 159.2 |
| 148.5 |
| +7.2 |
Vacancy rate [2] | % |
| 7.9 |
| 4.7 |
| +3.2 |
Real estate expenses | CHF million |
| −25.1 |
| 22.3 |
| +12.6 |
Real estate expenses | in % of rental income |
| 15.8 |
| 15.0 |
| +0.8 |
| |||||||
Gross yield [3] | % |
| 5.4 |
| 5.6 |
| −0.2 |
Net yield [4] | % |
| 4.5 |
| 4.8 |
| −0.3 |
| |||||||
Investment real estate under construction |
|
|
|
|
|
|
|
Buildings on cut-off date | number |
| 1 |
| 7 |
| −6 |
Market value on cut-off date | CHF million |
| 4.0 |
| 835.6 |
| −99.5 |
Investment volume | CHF million |
| 23.0 |
| 950.0 |
| −97.6 |
| |||||||
Development real estate |
|
|
|
|
|
|
|
Cost value land reserves on cut-off date | CHF million |
| 39.0 |
| 51.0 |
| −23.5 |
Estimated investment volume land reserves | CHF million |
| 784.0 |
| 694.0 |
| +13.0 |
| |||||||
Cost value buildings under construction on cut-off date | CHF million |
| 167.4 |
| 287.6 |
| −41.8 |
Estimated investment volume buildings under construction | CHF million |
| 265.0 |
| 490.0 |
| −45.9 |
| |||||||
Cost value completed buildings on cut-off date | CHF million |
| 94.8 |
| 43.9 |
| +115.9 |
[*]Should no further particulars be given, values referring to the income statement concern the full year and balance sheet value the cut-off dates 31.12.2014 resp. 31.12.2013
[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