Cham Swiss Properties: Record figures and construction progress on the Papieri area!

Cham Swiss Properties: Record figures and construction progress on the Papieri area!

Cham Swiss Properties AG presented pleasing results in its half-year report, which points to a successful merger and promising construction projects. According to an article in the Zuger Zeitung, the company, which has been traded on the SIX Swiss Exchange since April, is showing a strong economic performance for the first half of 2025. The figures as of June 30, 2025 are particularly positive.

The operating result before revaluation was a solid CHF 39.0 million and the profit from revaluation was reported at an impressive CHF 125.4 million. These figures are part of the consolidated profit totaling CHF 144.0 million, which underlines the company's financial strength. The equity is CHF 1,050.4 million and the equity ratio is a high 61.1 percent. This data shows that Cham Swiss Properties AG is well positioned and its financial situation is stable, as analyzed by anlegerplus.de.

Against the background of the merger between Ina Invest AG and Cham Group AG in spring 2025, the positive development becomes even more significant. The inclusion of Ina Invest in the balance sheet will continue to be evident, as Ina Invest's figures were not yet taken into account until the time of the merger. Pro forma the rental income including Ina Invest amounts to CHF 13.1 million, which speaks for a promising future earnings situation.

Market development and construction projects

A crucial element of the growth path is the real estate portfolio, which was able to increase its market value from CHF 1,564 million to CHF 1,666 million. This is primarily due to a transparent evaluation process by Wüest Partner AG. Cham Swiss Properties AG also generated impressive rental income of CHF 9.1 million from around 20 properties. The vacancy rate of 6 percent shows that the properties are in good demand and the company remains attractive to tenants.

When it comes to construction and development projects, Cham is also on track. Particularly noteworthy is the start of construction on Rue du Valais in Geneva, where rental apartments will be built. The progress of the work on the casino in Winterthur is also showing promising results. In addition, the third construction phase on the Papieri site is being pushed forward with an investment volume of around CHF 80 million, which underpins the company's efforts to expand its portfolio to around CHF 3 billion by 2032 and to generate rental income of over CHF 100 million.

Sustainability and future prospects

The integration of the former Ina-Invest portfolios is proceeding smoothly, which indicates the company's good management and clear strategy. The market assessment for the residential segment remains positive, while developments in the commercial and office space sectors are being approached carefully. The GRESB rating for measuring sustainability performance, which is expected in autumn 2026, will be particularly interesting.

Cham Swiss Properties AG has thus demonstrated a good hand and is proving to be a rapidly growing company in the real estate market. According to Zuger Zeitung, the half-year report and the investor presentation are already available. The interested public can look forward to future developments.