Allreal FY26 H1 net profit drops 9.6% to CHF 105.6 million; total sales slip 1% to CHF 227.5 million
XLRE•Management comments on outlook
Management cited stable low interest rates and population growth, while flagging rising geopolitical and trade-policy risks weighing on Swiss growth.
First-half profit and sales decline
Allreal posted first-half net profit of CHF 105.6 million, down 9.6%, as revaluation gains fell to CHF 40.8 million.
Net profit excluding revaluation rose 20.8% to CHF 75.6 million; EBIT excluding revaluation climbed 14.3% to CHF 108.8 million.
Total sales edged down 1% to CHF 227.5 million; rental income slipped 0.9% to CHF 102.6 million.
Property portfolio value and vacancy rate
Investment property market value increased 2.3% to CHF 5.35 billion; vacancy rate widened 0.2 percentage points to 3.6%.
