PSP Swiss Property Reports Nine-Month Profit of CHF 294.6 Million
Net profit rose 13.5% year over year, supported by a CHF 39.7 million development sale. Rental income fell 0.8% to CHF 259.3 million, while EBITDA excluding revaluations increased 14.7% to CHF 260.6 million. The company maintained its full-year EBITDA target of CHF 335 million and vacancy-rate guidance of 3.5%.
PSP Swiss Property announced its financial results for the first nine months of 2026, highlighting a net profit of 294.6 million CHF, a 13.5% increase compared to the same period in the previous year. The profit growth was significantly supported by the sale of the 'Richtipark' development project in Wallisellen, which contributed 39.7 million CHF. While rental income saw a slight decline of 0.8% to 259.3 million CHF, the EBITDA excluding revaluations rose by 14.7% to 260.6 million CHF. The company confirmed its full-year guidance, maintaining an EBITDA target (excluding revaluations) of 335 million CHF and a vacancy rate of 3.5%.
Management noted that it intends to remain selective regarding future acquisitions due to a limited supply of properties meeting its quality standards.