Swiss Prime Site AG/€SPSN

1D1W1MYTD1Y5YMAX

About Swiss Prime Site AG

Swiss Prime Site AG is a real estate company based in Switzerland, focusing on the ownership, management, and development of high-quality properties in prime urban locations. The company's portfolio includes shopping centers, office spaces, and retail properties, prominently featuring assets in cities such as Zurich and Geneva. Established in 1999, Swiss Prime Site AG has grown to become one of Switzerland's significant property owners by investing in strategically located assets that benefit from stable demand in metropolitan areas. Its competitive strength lies in a diversified and well-managed property portfolio, as well as its integrated business model which includes property management and development services. Swiss Prime Site AG is headquartered in Olten, Switzerland.
Ticker
€SPSN
Sector
Real Estate
Primary listing
XGAT
Employees
189
Headquarters
Zug, Switzerland
Website
sps.swiss

SPSN Metrics

BasicAdvanced
€11B
24.68
€5.38
-
€3.79
1.43%

Bulls say / Bears say

Swiss Prime Site’s H1 2026 funds from operations I (FFO I) rose to CHF 172.9 million (CHF 2.15 per share), up from CHF 166.5 million (CHF 2.10), while net profit before revaluations and adjustments climbed to CHF 165.7 million, underscoring robust cash generation and supporting guidance confirmation. (Finanzen.ch)
Assets under management at Swiss Prime Site Solutions climbed to CHF 14.8 billion at mid-2026 (+3.5% y/y), driven by record new money inflows of CHF 0.95 billion, bolstering the company’s fee-based recurring revenue stream. (Swiss Prime Site press)
The group extended its average debt maturity to 4.0 years and reduced its average cost of debt to 0.83% by refinancing a CHF 275 million convertible bond and issuing CHF 350 million of non-interest-bearing green convertible bonds, reflecting a diversified and conservative funding strategy. (Swiss Prime Site press)
Financial expenses jumped to CHF 113.9 million in H1 2026 (+17.4% y/y) due to a one-off valuation adjustment on the embedded derivative of the refinanced convertible bond, introducing volatility risks in future financing costs. (Swiss Prime Site press)
The loan-to-value ratio increased to 39.9% at mid-2026 versus 38.1% at end-2025, edging closer to leverage limits and potentially restraining the group’s capacity for dividend payments or new acquisitions. (Swiss Prime Site press)
Total operating income declined 1.9% to CHF 271.1 million in H1 2026, reflecting property disposals and lower revaluation gains, which may signal headwinds in rental revenue growth amid market uncertainty. (Finanzen.ch)
Data summarised monthly by Lightyear AI. Last updated on 7 Sept 2026.
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.