Half-year results as per 30 June 2018
(WorldNews Africa)

PSP Swiss Property with successful lettings. Improved ebitda guidance for FY 2018 and lower vacancies expected. Compared to the previous year`s period, net income (excluding changes in fair value) rose by CHF 5.5 million or 6.8% to CHF 85.6 million. For FY 2018, PSP Swiss Property expects an improved ebitda (excluding changes in fair value) of CHF 240 million. Lower vacancies below 6% are expected at year-end 2018. Real estate portfolio and letting activities At the end of June 2018, the carrying value of the total portfolio was CHF 7.342 billion (end of 2017: CHF 7.046 billion). The property portfolio purchased from Edmond de Rothschild (Suisse) S.A. is included since Q1 2018. All...