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PSP Swiss Property AG (PSPN.S)

PSPN.S on Swiss Exchange

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Latest Key Developments (Source: Significant Developments)

PSP Swiss Property expects FY EBITDA of CHF 240 mln
Friday, 19 Aug 2016 12:55am EDT 

PSP Swiss Property AG : H1 net income (including changes in fair value) was 65.0 million Swiss francs ($68.03 million) (H1 2015: 88.2 million francs) . H1 net income (excluding changes in fair value) reached 89.0 million francs (H1 2015: 78.7 million francs) . At end of June 2016, vacancy rate stood at 9.1 percent (end of 2015: 8.5 percent) . For 2016, now expects an EBITDA (excluding changes in fair value) in excess of 240 million francs .With regard to vacancies at year-end 2016, an improved vacancy rate of around 10 percent is now expected.  Full Article

PSP Swiss Property Q1 net income CHF 46.9 mln
Tuesday, 10 May 2016 12:55am EDT 

PSP Swiss Property Ag : FY 2016 EBITDA and vacancy forecast confirmed . At end of March 2016, vacancy rate stood at 8.7 percent (end of 2015: 8.5 percent) . Q1 net income (excluding changes in fair value) reached 46.9 million Swiss francs ($48.26 million) (Q1 2015: 38.2 million francs) . In certain geographical areas, there is a structural oversupply of office space . During Q1 , there were no revaluations and no sales of investment properties .Investment demand, from swiss institutional investors, for high-class commercial properties in sought-after locations remains high.  Full Article

PSP Swiss Property AG issues FY 2016 outlook above analysts' estimates, to propose FY 2015 dividend
Tuesday, 1 Mar 2016 12:55am EST 

PSP Swiss Property AG:For FY2015, board of directors proposes cash payment of 3.30 Swiss francs per share​.‍For 2016, EBITDA (excluding changes in fair value) of about 240 million francs is expected (2015: 232.7 million francs).FY 2016 234.36 Swiss francs - Thomson Reuters I/B/E/S.  Full Article

PSP Swiss Property confirms FY 2015 EBITDA outlook
Friday, 13 Nov 2015 12:55am EST 

PSP Swiss Property AG:FY 2015 EBITDA forecast confirmed.Lower EBITDA excluding changes in fair value of 230 millon francs is expected for FY 2015.  Full Article

PSP Swiss Property raises FY 2015 EBITDA outlook
Tuesday, 18 Aug 2015 12:55am EDT 

PSP Swiss Property AG:For FY 2015, EBITDA (excluding changes in fair value) of 230 million Swiss francs is now expected (so far: approx. 225 million Swiss francs; FY 2014: 238.2 million Swiss francs).  Full Article

PSP Swiss Property confirms FY 2015 forecast
Tuesday, 12 May 2015 12:55am EDT 

PSP Swiss Property AG:FY 2015 forecast confirmed.EBITDA excluding changes in fair value of about 225 million Swiss francs is expected for FY 2015.FY 2015 rental income is likely to remain stable over whole year, despite an increase in renovations.  Full Article

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BRIEF-PSP Swiss Property FY net profit down to CHF 134.9 mln, change of chairman

* FY rental income at 276.3 million Swiss francs ($273.19 million), up 0.5 percent