Real estate at a glance
|
|
| 1st half-year 2015 |
| 1st half-year 2014 |
| Change |
| |||||||
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 |
| 3 439.3 |
| 3 509.6 |
| –2.0 |
Average market value by object | CHF million |
| 55.5 |
| 54.8 |
| +1.3 |
| |||||||
Rental income from investment real estate | CHF million |
| 88.5 |
| 74.6 |
| +18.6 |
Vacancy rate [2] | % |
| 7.6 |
| 5.6 |
| +2.0 |
Real estate expenses | CHF million |
| –15.9 |
| –10.9 |
| +45.9 |
Real estate expenses | in % of rental income |
| 18.0 |
| 14.6 |
| +3.4 |
| |||||||
Gross yield [3] | % |
| 5.2 |
| 5.7 |
| –0.5 |
Net yield [4] | % |
| 4.2 |
| 4.8 |
| –0.6 |
| |||||||
Real estate under construction |
|
|
|
|
|
|
|
Buildings | number |
| 2 |
| 1 |
| +1 |
Market value on cut-off date | CHF million |
| 33.8 |
| 4.0 |
| – |
Investment volume | CHF million |
| 96.0 |
| 23.0 |
| – |
| |||||||
Real estate for development |
|
|
|
|
|
|
|
Cost value land reserves on cut-off date | CHF million |
| 40.4 |
| 39.0 |
| +3.6 |
Estimated investment volume land reserves | CHF million |
| 691.0 |
| 784.0 |
| –11.9 |
| |||||||
Cost value buildings under construction on cut-off date | CHF million |
| 200.0 |
| 167.4 |
| +19.5 |
Estimated investment volume buildings under construction | CHF million |
| 290.0 |
| 265.0 |
| +9.4 |
| |||||||
Cost value completed buildings on cut-off date | CHF million |
| 66.4 |
| 94.8 |
| –30.0 |
[*]Should no further particulars be given, values referring to the income statement concern the 1st half-year and balance sheet value the cut-off dates on 30.06.2015 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