HIAG Immobilien Holding AG/Fr. HIAG

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About HIAG Immobilien Holding AG

HIAG Immobilien Holding AG is a real estate company based in Switzerland that specializes in developing and managing properties. The company's core business includes the redevelopment of former industrial sites into residential, commercial, and logistics properties. HIAG's portfolio is characterized by its focus on long-term investment and sustainable property management, offering leasing services across various sectors. Headquartered in Basel, Switzerland, the company’s strategic positioning involves leveraging its expertise in transforming old industrial areas into vibrant real estate assets. This approach allows HIAG to capitalize on unique development opportunities within the Swiss real estate market.
Ticker
Fr. HIAG
Sector
Real Estate
Primary listing
XSWX
Employees
74
Headquarters
Basel, Switzerland
Website
www.hiag.com

HIAG Metrics

BasicAdvanced
CHF 1.3B
8.39
CHF 15.36
0.34
CHF 3.70
0.05%

Bulls say / Bears say

HIAG’s first-half net income rose 90.4% to CHF85.0 million, while profit before valuation changes rose 80.2% to CHF36.9 million. The Chama condominium development alone contributed CHF23.3 million, showing that the development strategy is generating cash profit as well as paper gains. (HIAG)
The operating portfolio remains well occupied: vacancy fell to 2.8% and like-for-like property income rose 3.8% in the first half. The completed Alto tower was fully let shortly after delivery, adding CHF6.3 million of annual rent. (EQS News)
HIAG has room to fund further projects without stretching its balance sheet: the equity ratio was 56.4%, net loan-to-value was 39.2%, and CHF350 million remained available under its CHF500 million syndicated facility. This gives the company flexibility to invest while retaining a sizeable financing buffer. (EQS News)
Reported profit is highly sensitive to property valuations: HIAG booked CHF53.4 million of net revaluation gains in the first half, while more than half of reported profit was attributable to valuation gains. A reversal in market values or a higher discount rate could therefore weaken earnings and net asset value quickly. (Immobilien Business, HIAG)
Recurring property income fell 3.3% to CHF38.0 million after disposals and lease terminations, despite new lettings and completed projects. Management expects only a slight full-year increase, so near-term growth relies more on development sales and disposals than on rent. (EQS News)
HIAG has around CHF278 million of outstanding investment in projects under construction or near construction, with several planning approvals still pending. The projects target CHF356 million of condominium proceeds and CHF16 million of annual rent, leaving the company exposed to construction delays, cost overruns and weaker sales demand. (EQS News, HIAG)
Data summarised monthly by Lightyear AI. Last updated on 19 Sept 2026.

Funds containing HIAG

AllEURGBPUSD
Funds
Fund name
Fund size
Fr. HIAG weighting
iShares European Property Yield€IPRP
€813M0.50%
iShares European Property Yield£IPRP
£698M0.50%
Xtrackers MSCI Europe Small Cap€DX2J
€3.2B0.04%
Xtrackers MSCI Europe Small Cap£XXSC
£2.8B0.04%
iShares Developed Markets Property Yield$IDWP
$1.2B0.04%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.