PSP Swiss Property : H1 2024 results: In line results with flat yields leading to a beat on revaluations
>Unchanged outlook, flat yields lead to FV gains, net disposals of CHF 27m ytd - FY2024 outlook unchanged: EBITDA excl. gains/losses on RE investments CHF 300mLike-for-like growth: 5.0% (Q1 2024: 6.6%, adj. for one-offs 3.3%)Positive revaluations: CHF 44.7m or +0.45% gross and +0.25% net of investments (Q1 2024: CHF 31.2m from property-specific changes and FY2023 CHF -161m or -1.7%). CHF 33.4m from the investment portfolio and CHF 11.3 million to development...PSP Swiss Property is a holding company. Co. operates under three business segments: real estate investments, which includes the real estate business that comprises all properties of Co.'s investment properties, investment properties earmarked for sale, own-used properties, sites and development properties as well as development projects earmarked for sale; real estate management, which includes all services and activities with regard to the management of Co.'s own real estate portfolio; and holding, which includes the corporate functions such as finance, legal, corporate communications, human resources and information technology.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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