Real Estate SPS Swiss Prime Site achieves significantly higher net profit in 2025
Swiss Prime Site earned more in 2025. Rental income remained virtually constant, while asset management income increased significantly. Net profit also benefited from valuation effects.
05.02.2026, 07:36
SDA
According to figures released on Thursday, the largest listed Swiss real estate group generated rental income of CHF 456.8 million in 2025. This represents a decrease of 1.4 percent. Profit before revaluations amounted to CHF 317.7 million (previous year: CHF 313.5 million).
Including revaluations, the profit amounted to CHF 382.5 million after CHF 360.3 million in the previous year. Revaluations amounted to 216.9 million (previous year 113.7 million).
Shareholders are to receive a dividend of CHF 3.50 per share, compared with CHF 3.45 previously.
The value of the entire portfolio amounted to a good CHF 13.9 billion at the end of 2025. The vacancy rate was reported at 3.7% (previous year: 3.8%).
SPS thus exceeded expectations in terms of profit.
Optimistic outlook
Swiss Prime Site is optimistic for the 2026 financial year and expects the market environment to remain positive overall. A significant increase in rental income with a further decline in vacancy rates is expected. In Asset Management, Swiss Prime Site expects the growth trajectory to continue and continues to anticipate organic growth of around CHF 1 billion per year.
At group level, a significant increase in operating earnings is expected for the 2026 financial year. Accordingly, Swiss Prime Site anticipates an increase in FFO I to between CHF 4.25 and CHF 4.30 per share. Despite the current favorable financing environment, the gearing ratio is to be kept constant at an LTV of below 39 percent.
