2015 Half-year Report: Financial report
2 Income from renting investment real estate
CHF million |
| 1st half-year |
| 1st half-year |
|
|
|
|
|
Rental income from residential properties |
| 15.6 |
| 12.7 |
Rental income from commercial properties |
| 72.9 |
| 61.9 |
Income from renting investment real estate |
| 88.5 |
| 74.6 |
Income from renting investment real estate increased year-on-year by 18.6% to CHF 88.5 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 of 2015 totalled 7.6% of target rental income (2014: 7.9%), broken down into 8.0% for commercial properties and 6.1% for residential properties (2014: 7.8% and 8.5%).