Additional information
Details of investment real estate
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| City of Zurich | Rest of | Other regions | Total real estate | ||||||||
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| 2011 [*] |
| 2010 [*] | 2011 [*] |
| 2010 [*] | 2011 [*] |
| 2010 [*] | 2011 [*] |
| 2010 [*] |
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Commercial real estate |
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Buildings (number) |
| 23 |
| 23 | 14 |
| 14 | 10 |
| 9 | 47 |
| 46 |
Floor space | 1’000 m2 | 265 |
| 265 | 110 |
| 110 | 62 |
| 57 | 437 |
| 432 |
Vacancy rate [1] | % | 1.7 |
| 1.8 | 13.7 |
| 13.6 | 3.5 |
| 7.3 | 4.8 |
| 5.2 |
Rental income | CHF million | 38.8 |
| 39.5 | 13.0 |
| 12.0 | 7.2 |
| 6.4 | 59.0 |
| 57.9 |
Net income from real estate [2] | CHF million | 34.0 |
| 32.9 | 11.4 |
| 10.7 | 6.4 |
| 5.0 | 51.8 |
| 48.6 |
Gross yield | % | 6.1 |
| 6.1 | 5.5 |
| 5.8 | 5.5 |
| 6.7 | 5.9 |
| 6.0 |
Net yield [3] | % | 5.3 |
| 5.1 | 4.8 |
| 5.2 | 4.8 |
| 5.6 | 5.1 |
| 5.1 |
Acquisition value | CHF million | 1 182.2 |
| 1 182.2 | 489.6 |
| 489.6 | 340.6 |
| 266.2 | 2 012.4 |
| 1 938.0 |
Market value | CHF million | 1 279.3 |
| 1 273.8 | 465.1 |
| 473.0 | 330.3 |
| 256.3 | 2 074.7 |
| 2 003.1 |
Average market value per property | CHF million | 55.6 |
| 55.4 | 33.2 |
| 33.8 | 33.0 |
| 28.5 | 44.1 |
| 43.5 |
Change in market value [4] | CHF million | 5.5 |
| 6.3 | –7.9 |
| –4.2 | –0.3 |
| 0.3 | –2.7 |
| 2.4 |
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Residential properties |
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Buildings (number) |
| 3 |
| 4 | 13 |
| 12 | 3 |
| 3 | 19 |
| 19 |
Floor space | 1’000 m2 | 9 |
| 10 | 78 |
| 65 | 13 |
| 13 | 100 |
| 88 |
Vacancy rate [1] | % | 0.6 |
| 0.8 | 4.1 |
| 1.5 | 3.5 |
| 8.8 | 3.5 |
| 2.5 |
Rental income | CHF million | 1.5 |
| 1.6 | 7.6 |
| 8.6 | 1.7 |
| 1.5 | 10.8 |
| 11.7 |
Net income from real estate [2] | CHF million | 1.3 |
| 1.3 | 6.6 |
| 7.7 | 1.6 |
| 1.4 | 9.5 |
| 10.4 |
Gross yield | % | 5.6 |
| 5.7 | 5.6 |
| 6.0 | 6.1 |
| 5.6 | 5.7 |
| 5.9 |
Net yield [3] | % | 4.9 |
| 4.7 | 4.9 |
| 5.4 | 5.4 |
| 4.9 | 5.0 |
| 5.2 |
Acquisition value | CHF million | 45.5 |
| 51.9 | 284.4 |
| 224.3 | 54.6 |
| 54.6 | 384.5 |
| 330.8 |
Market value | CHF million | 50.1 |
| 56.2 | 326.3 |
| 258.0 | 56.2 |
| 56.0 | 432.6 |
| 370.2 |
Average market value per property | CHF million | 16.7 |
| 14.1 | 25.1 |
| 21.5 | 18.7 |
| 18.7 | 22.8 |
| 19.5 |
Change in market value [4] | CHF million | 0.0 |
| 0.0 | 6.2 |
| 0.9 | 0.2 |
| 0.3 | 6.4 |
| 1.2 |
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Investment real estate under |
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Buildings (number) |
| 2 |
| 1 | 1 |
| 1 | – |
| – | 3 |
| 2 |
Area of property | 1,000 m2 | 27 |
| 24 | 14 |
| 14 | – |
| – | 41 |
| 38 |
Acquisition value | CHF million | 216.0 |
| 188.4 | 96.0 |
| 44.3 | – |
| – | 312.0 |
| 232.7 |
Market value | CHF million | 229.5 |
| 199.2 | 107.6 |
| 46.8 | – |
| – | 337.1 |
| 246.0 |
Change in market value [4] | CHF million | 2.8 |
| 0.0 | 11.6 |
| 2.0 | – |
| 0.7 | 14.4 |
| 2.7 |
Volume of investment | CHF million | 550.0 |
| 500.0 | 230.0 |
| 64.0 | – |
| – | 780.0 |
| 564.0 |
[*]Unless stipulated otherwise, figures referring to the income statement relate to the first half year, and balance sheet values are taken from the 30 June 2011/31 December 2010 cut-off dates.
[1]As percentage of targeted rental income, cumulated at cut-off date
[2]Rental income minus real estate expenses
[3]Rental income as percentage of continued market value on 1 January
[4]From revaluation in first half of 2011 or 2010
Key figures of Allreal shares
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| 1st half-year |
| 2010 resp. 31.12.2010 |
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Issued share capital on cut-off date | CHF million |
| 683.2 |
| 683.2 |
Authorised capital on cut-off date | CHF million |
| 86.1 |
| 86.1 |
Conditional capital on cut-off date | CHF million |
| 134.8 |
| 134.9 |
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Issued shares on cut-off date | number |
| 13 664 271 |
| 13 663 911 |
Treasury shares on cut-off date | number |
| 80 385 |
| 10 365 |
Outstanding shares on cut-off date [1] | number |
| 13 583 886 |
| 13 653 546 |
Outstanding shares on average | number |
| 13 605 834 |
| 13 217 556 |
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Share price high | CHF |
| 148.00 |
| 138.30 |
Share price low | CHF |
| 135.40 |
| 114.00 |
Share price on cut-off date | CHF |
| 138.50 |
| 136.20 |
Market capitalisation on cut-off date [2] | CHF million |
| 1 881.4 |
| 1 859.6 |
Average trading volume per day (on exchange) | number shares |
| 9 636 |
| 10 399 |
[1]Number of issued shares minus treasury shares
[2]Share price on cut-off date multiplied by the number of outstanding shares on cut-off date
Share statistics
Share type | Registered share |
Par value | CHF 50 |
Securities number | 883 756 |
SIX symbol | ALLN |
ISIN | CH0008837566 |
Bloomberg | ALLN SW |
Shareholder structure as at 30 June 2011
Number of shares | Number of shareholders | Number of shares | % |
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>409 928 shares (>3%) | 7 | 5 203 498 | 38 |
100 001–409 928 shares | 15 | 2 729 650 | 20 |
10 001–100 000 shares | 71 | 2 272 657 | 17 |
1001–10 000 shares | 341 | 1 087 514 | 8 |
1–1000 shares | 2 347 | 599 883 | 4 |
Total registered | 2 781 | 11 893 202 | 87 |
Not registered |
| 1 771 069 | 13 |
Total shares |
| 13 664 271 | 100 |
55.6% of the share capital is owned by institutional investors (pension funds and insurance companies) and 8.9% by individuals. A further 22.5% is owned by legal entities, such as investment funds, foundations and banks. 13.0% of the share capital has not been submitted for registration in the share register. Foreign investors own 3.2% of the registered shares.