Swiss Prime Site Reports Surge in Operating Results for 2023 Financial Year

• Swiss Prime Site AG reported an increase in operating results in the 2023 financial year.
• The company's rental income increased by 4.3% to CHF 438 million and vacancies reduced to a record low of 4.0%.
• Real estate assets under management increased to CHF 21.5 billion, with CHF 13.1 billion in own assets and CHF 8.4 billion in asset management.
• The company's growth was financed with capital recycling and refinancings under Green Finance Framework, resulting in a solid loan-to-value ratio of under 40%.
• Swiss Prime Site proposed a stable dividend of CHF 3.40 and expressed an optimistic outlook for the future.
• Despite challenging market conditions, the company achieved good operational results in its core business, real estate, demonstrating the resilience of its business model.

The price of Swiss Prime Site at the time of the news was 92,70EUR and did not change compared to the previous day.
16 minutes after the article was published, the price was 92,73EUR this corresponds to a plus of +0,03 % since publication.

Swiss Prime Site

-1,32 %

-2,31 %

-1,55 %

-5,15 %

+4,90 %

+4,51 %

+18,97 %

+23,95 %

ISIN:CH0008038389WKN:927016

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