PSP Swiss Property AG/€PSPN

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About PSP Swiss Property AG

PSP Swiss Property AG is a Swiss real estate company that focuses on the investment and management of commercial properties. It operates primarily in the real estate sector, specializing in high-quality office and retail spaces. The company's portfolio consists mainly of properties located in prime locations within Switzerland's major economic centers such as Zurich, Geneva, and Basel. PSP Swiss Property AG is headquartered in Zug, Switzerland, and emphasizes sustainable building practices and energy efficiency in its managed properties. The company's strategic positioning leverages its deep market expertise and substantial real estate assets to maintain stable rental income and capitalize on property value appreciation.

Ticker

€PSPN

Primary listing

XGAT

Employees

83

Headquarters

Zug, Switzerland

PSPN Metrics

BasicAdvanced
€6.6B
15.06
€9.64
0.39
€4.16
2.86%

Bulls say / Bears say

Revaluation gains of CHF 113.4 million in H1 2025 drove net income up 24.3% year-on-year to CHF 194.3 million, underscoring strong portfolio valuation dynamics in prime locations. (PSP Swiss Property)
The average cost of debt decreased slightly to 1.04% by mid-2025, supporting stable financing costs amid higher market rates. (PSP Swiss Property)
With an equity ratio of 53.6% and CHF 815 million of unused committed credit lines at June-end 2025, the company maintains ample balance sheet flexibility for selective acquisitions and refinancing. (PSP Swiss Property)
Rental income in H1 2025 declined by 1.3% to CHF 173.9 million while net income excluding property revaluations fell 5.9% to CHF 106.9 million, signalling underlying operational pressure. (PSP Swiss Property)
The company’s vacancy rate increased to 4.0% at the end of June 2025 from 3.2% at end-2024, reflecting rising difficulties in leasing peripheral and older office assets. (PSP Swiss Property)
Like-for-like rental growth slowed sharply to 1.2% in H1 2025 from 5.0% in H1 2024, indicating weakening tenant demand and pricing power in certain segments. (PSP Swiss Property)
Data summarised monthly by Lightyear AI. Last updated on 2 Sept 2025.
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.
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