2 Income from renting investment real estate
CHF million |
| 1st half-year |
| 1st half-year |
|
|
|
|
|
Rental income from residential properties |
| 16.0 |
| 15.6 |
Rental income from commercial properties |
| 70.5 |
| 72.9 |
Income from renting investment real estate |
| 86.5 |
| 88.5 |
Income from renting investment real estate decreased year-on-year by 2.3% to CHF 86.5 million, which is essentially attributable to the sale of four yield-producing properties.
The cumulative vacancy rate for the first half of 2016 totalled 6.2% of target rental income (1st half-year 2015: 7.6%), broken down into 7.0% for commercial properties and 2.7% for residential properties (1st half-year 2015: 8.0% and 6.1% respectively).