2 Income from renting investment real estate
CHF million |
| 1st half-year |
| 1st half-year |
|
|
|
|
|
Rental income from residential properties |
| 61.9 |
| 60.4 |
Rental income from commercial properties |
| 12.7 |
| 12.4 |
Income from renting investment real estate |
| 74.6 |
| 72.8 |
Income from renting investment real estate increased year-on-year by 2.5% to CHF 74.6 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 2014 totalled 5.6% of target rental income (2013: 4.7%), broken down into 5.5% for commercial properties and 6.1% for residential properties (2013: 5.0% and 3.3%).