Brief: PSP Swiss Property Sees 2023 EBITDA Of CHF 285 Mln

PSP Swiss Property AG

21/02/2023 06:02

Feb 21 (Reuters) - PSP SWISS PROPERTY AG  PSPN.S :
    * PSP SWISS PROPERTY WITH A VERY SUCCESSFUL BUSINESS YEAR.
GREEN
BOND FRAMEWORK AND SUSTAINABILITY-LINKED LOANS IMPLEMENTED.
PROPOSAL FOR AN INCREASED DIVIDEND OF CHF 3.80 PER SHARE.
    * PSP SWISS PROPERTY AG - AT END OF 2022, VALUE OF PORTFOLIO
WAS
CHF 9.421 BILLION (END OF 2021: CHF 9.127 BILLION)
    * PSP SWISS PROPERTY AG - END OF 2022 VACANCY RATE WAS 3.0%
(END
OF 2021: 3.8%)
    * PSP SWISS PROPERTY AG - FOR BUSINESS YEAR 2022 BOARD OF
DIRECTORS PROPOSES AN INCREASE IN ORDINARY DIVIDEND PAYMENT TO
CHF 3.80 PER SHARE (PREVIOUS YEAR: CHF 3.75)
    * PSP SWISS PROPERTY AG - DESPITE TEMPORARY RENT LOSSES DUE
TO NEW
MAJOR RENOVATION PROJECTS, EXPECTS SLIGHTLY HIGHER RENTAL INCOME
IN 2023 COMPARED TO 2022
    * PSP SWISS PROPERTY AG - EXPECTS FY 2023 EBITDA EXCLUDING
GAINS/LOSSES ON REAL ESTATE INVESTMENTS OF CHF 285 MILLION
(2022: CHF 293.8 MILLION)

Further company coverage:  PSPN.S 
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