PSP Swiss Property Delivers Strong Performance, Boosts 2024 EBITDA Outlook

• PSP Swiss Property AG achieved solid operating results for Q1 2024, with a real estate portfolio valued at CHF 9.6 billion and a vacancy rate of 4.1%.
• The company's equity was CHF 5.3 billion, corresponding to an equity ratio of 54.5%.
• Rental income increased by 9.9% to CHF 89.2 million, and the operating result grew by 0.6% to CHF 56.6 million.
• The company improved its ebitda guidance for the 2024 financial year, now expecting it to be CHF 300 million.
• The portfolio included 162 investment properties, two sites, and eight development projects.
• The company has an Issuer Rating A3 and a Senior Unsecured Rating A3 from Moody’s.

The next important date, Quarterly report, at PSP Swiss Property is on 07.05.2024.

PSP Swiss Property

0,00 %

-1,76 %

-3,09 %

-5,29 %

+12,13 %

+9,14 %

+19,05 %

+125,16 %

ISIN:CH0018294154WKN:A0CA16

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