PSP Swiss Property AG reported FY 2025 net income of CHF 408.5 million (+8.9%), driven by net changes in fair value of investment properties of CHF 231.1 million. Rental income was CHF 349.2 million (-0.2%), EBITDA excluding revaluation effects was CHF 302.0 million (-1.0%), and EPRA earnings were CHF 225.0 million (-2.4%). EPS was CHF 8.91 (+8.9%), while EPRA EPS was CHF 4.91 (-2.5%). The company proposed a FY 2025 dividend of CHF 3.95 per share. As of December 2025, PSP Swiss Property AG’s portfolio value was CHF 10.1 billion (+2.9%), with a vacancy rate of 3.5% and EPRA like-for-like rental growth of 1.3%. Leverage remained low with an LTV of 33.1%, a passing average cost of debt of 1.04%, and CHF 1.030 billion of unused credit lines; Moody’s maintained an A3 long-term issuer rating with a stable outlook. Business updates included the disposal of Gurtenbrauerei 10-92 in Wabern for CHF 23 million (gain CHF 7.7 million), progress on the “Hôtel des Postes” renovation in Lausanne (completion mid-2026; ~11,700 sqm; ~CHF 55 million investment; 50% pre-let), and ongoing development activity in Geneva’s “Quartier des Banques,” including a fully pre-let renovation project at Rue Henriette-et-Jeanne-Rath 14 (~1,700 sqm; completion beginning of 2026).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PSP Swiss Property AG published the original content used to generate this news brief on February 23, 2026, and is solely responsible for the information contained therein.