Switzerland's Swiss Prime Site FY2025 FFO I stable at CHF 4.22

Swiss Prime Site AG

05/02/2026 06:13

Overview

Swiss real estate firm's FY2025 FFO I stable at CHF 4.22 per share

Rental income resilient despite lower income from building modifications

Asset Management segment saw record CHF 1.0 bln new money inflow

Outlook

Swiss Prime Site expects 2026 FFO I of between CHF 4.25 and CHF 4.30 per share

Company anticipates significant increase in rental income in 2026

Swiss Prime Site targets stable debt ratio with LTV of less than 39%

Result Drivers

RESILIENT RENTAL INCOME - Despite temporary losses from building modifications, rental income remained stable due to real rent increases and lease extensions

ASSET MANAGEMENT GROWTH - Asset Management segment saw record CHF 1.0 bln new money inflow, boosting operating income

STRATEGIC INVESTMENTS - CHF 300 mln from capital increase fully invested in prime properties, enhancing portfolio value

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Rental income
CHF 456.80 mln
FY Operating Income
CHF 553.40 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 4 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the real estate rental, development & operations peer group is "buy."

Wall Street's median 12-month price target for Swiss Prime Site AG is CHF121.50, about 8.4% below its February 4 closing price of CHF132.60

The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 29 three months ago

Press Release: ID:nEQ9QDQyCa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)