3 Income from renting investment real estate
CHF million |
| 1st half-year 2013 |
| 1st half-year 2012 |
|
|
|
|
|
Rental income from commercial properties |
| 60.4 |
| 59.6 |
Rental income from residential properties |
| 12.4 |
| 12.2 |
Income from renting investment real estate |
| 72.8 |
| 71.8 |
Income from renting investment real estate increased year-on-year by 1.4% to CHF 72.8 million, which is essentially attributable to an increase in the portfolio of yield-producing properties through the transfer of investment real estate under construction.
The cumulative vacancy rate for the first half-year 2013 totalled 4.9% of target rental income (2012: 4.9%), broken down into 5.2% for commercial properties and 3.4% for residential properties (2012: 5.5% and 1.6%).