Swiss Prime Site Achieves Revenue Growth Through Strong Rental Development in 2024

Swiss Prime Site reported a 5.7% increase in rental income in 2024, reaching CHF 464 million. This growth was supported by new developments and inflows from the acquisition of Fundamenta Group. The company's real estate assets expanded to CHF 26.4 billion, with a notable increase in its Asset Management segment. Capital raises amounted to CHF 612 million due to strong investor interest, particularly following interest rate cuts by the Swiss National Bank.

Swiss Prime Site's strategic focus on core real estate competencies contributed to a significant operating result improvement, evidenced by a 4.2% rise in cash-effective result per share (FFO I). The company also aims to maintain a conservative capital structure with a property portfolio loan-to-value ratio of 38.3%.

The company's asset management arm, buoyed by the Fundamenta acquisition and capital expansions, saw its assets under management rise to CHF 13.3 billion, marking Swiss Prime Site as Switzerland's largest independent real estate asset manager. Swiss Prime Site anticipates further growth in 2025, propelled by sustained rental increases and a proactive acquisition strategy.