Allreal Holding AG/€ALLN

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About Allreal Holding AG

Allreal Holding AG is a Swiss-based company operating in the real estate industry. It is involved in both real estate development and investment activities. The development segment focuses on the acquisition, planning, and realization of residential and commercial properties, primarily in Switzerland. The investment division manages an extensive portfolio of yield-producing properties, generating rental income and capital appreciation. Allreal is headquartered in Zurich, Switzerland, and its operations are concentrated mainly in the Swiss market. The company's strategic positioning leverages its integrated approach in both developing and managing properties, allowing it to optimize value across the real estate lifecycle.
Ticker
€ALLN
Primary listing
XGAT
Employees
199
Headquarters
Opfikon, Switzerland
Website
allreal.ch

ALLN Metrics

BasicAdvanced
€3.4B
15.55
€13.33
0.52
€7.62
1.84%

Bulls say / Bears say

Underlying profitability improved materially: H1 2026 net operating profit excluding revaluation effects rose 20.8% to CHF 75.6 million, supported by lower financial expenses, property sales and condominium development. (Reuters)
The Development & Realisation pipeline remains supportive, with an CHF 885 million order backlog providing more than 24 months of capacity utilisation; third-party project gross margin improved to 14.5% from 11.9%. (Allreal)
Allreal reported a positive 2026 outlook, expecting higher net operating profit, rising rental income, lower vacancy by year-end and slightly higher condominium-sale earnings; its investment-property portfolio was valued at CHF 5.36 billion at June 30, 2026. (Allreal)
Net profit including revaluation effects fell 9.6% year over year to CHF 105.6 million in H1 2026, while revaluation gains declined to CHF 40.8 million from CHF 70.3 million, highlighting sensitivity to property valuations. (Allreal)
Balance-sheet leverage increased: net gearing rose to 102.6% from 97.2%, net financial debt increased 5.1% to CHF 2.81 billion, and the equity ratio declined to 44.3%. (Allreal)
Financing pressure is building as Allreal expects financing costs to rise after highly advantageous debt expires; H1 operating cash flow also fell sharply to CHF 1.9 million from CHF 63.6 million. (Allreal)
Data summarised monthly by Lightyear AI. Last updated on 10 Sept 2026.
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Market data provided by CBOE Europe and Deutsche Börse.