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PSP Swiss Property reports increased H1 2026 profits
PSP Swiss Property reported strong financial results for the first half of 2026, characterized by a significant increase in net profit. The company's net profit rose by 22% to CHF 236.5 million, while operating profit (EBITDA excluding real estate successes) increased by 26% to CHF 187.4 million.
A primary driver of these results was the sale of the Richtipark development project in Wallisellen for CHF 150 million. Following this sale, the company confirmed its full-year 2026 EBITDA guidance of CHF 335 million.
Regarding the real estate market, the company noted robust demand for high-quality, sustainable office spaces in central locations such as Zurich and Geneva. However, the vacancy rate in its CHF 10.2 billion portfolio rose slightly to 4.0% from 3.5% at the end of 2025, a change attributed to the recent addition of the Hôtel des Postes project in Lausanne to the portfolio. Additionally, Moody’s Ratings upgraded PSP Swiss Property Ltd’s rating from A3 to A2.
Entities
Lausanne · Moody's Ratings · PSP Swiss Property AG · Wallisellen · Zurich
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] The sale of the Richtipark development project in Wallisellen generated CHF 150 million. www.cash.ch
- [● 2 SOURCES] PSP Swiss Property's EBITDA (excluding real estate successes) rose 26% to CHF 187.4 million. www.cash.ch
- [● 2 SOURCES] The vacancy rate for PSP Swiss Property's CHF 10.2 billion portfolio was 4.0% at the end of June 2026. www.cash.ch
- [● 2 SOURCES] PSP Swiss Property reported a net profit of CHF 236.5 million for the first half of 2026. www.cash.ch
- [○ 1 SOURCE] Moody’s Ratings upgraded PSP Swiss Property Ltd from A3 to A2. www.webdisclosure.com
- [● 3 SOURCES] PSP Swiss Property confirmed its 2026 EBITDA guidance of CHF 335 million. www.webdisclosure.com · www.cash.ch