Real estate at a glance
|
|
| 2015 31.12.2015 [*] |
| 2014 31.12.2014 [*] |
| Change in % [1] |
| |||||||
Yield-producing properties |
|
|
|
|
|
|
|
Residential real estate | number |
| 19 |
| 20 |
| –1 |
Commercial real estate | number |
| 43 |
| 44 |
| –1 |
| |||||||
Market value on cut-off date | CHF million |
| 3 475.3 |
| 3 509.6 |
| –1.0 |
| |||||||
Rental income from investment real estate | CHF million |
| 174.9 |
| 159.2 |
| +9.9 |
Vacancy rate [2] | % |
| 7.5 |
| 7.9 |
| –0.4 |
Real estate expenses | CHF million |
| –31.8 |
| −25.1 |
| +26.7 |
Real estate expenses | in % of rental income |
| 18.2 |
| 15.8 |
| +2.4 |
| |||||||
Gross yield [3] | % |
| 5.1 |
| 5.4 |
| –0.3 |
Net yield [4] | % |
| 4.2 |
| 4.5 |
| –0.3 |
| |||||||
Investment real estate under construction |
|
|
|
|
|
|
|
Buildings | number |
| 2 |
| 1 |
| +1 |
Market value on cut-off date | CHF million |
| 49.9 |
| 4.0 |
| – |
Investment volume | CHF million |
| 96.0 |
| 23.0 |
| – |
| |||||||
Development real estate |
|
|
|
|
|
|
|
Book value development reserves on cut-off date | CHF million |
| 71.4 |
| 39.0 |
| +83.1 |
Estimated investment volume development reserves | CHF million |
| 637.0 |
| 784.0 |
| –18.8 |
| |||||||
Book value buildings under construction on cut-off date | CHF million |
| 171.4 |
| 167.4 |
| +2.4 |
Estimated investment volume buildings under construction | CHF million |
| 268.0 |
| 265.0 |
| +1.1 |
| |||||||
Book value completed real estate on cut-off date | CHF million |
| 52.7 |
| 94.8 |
| –44.4 |
[*]Should no further particulars be given, values referring to the income statement concern the full year and balance sheet value the cut-off dates 31.12.2015 resp. 31.12.2014
[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