SF URBAN PROPERTIES AG for immediate release 9 February 2016
According to preliminary, non-tested numbers Swiss Finance & Property Investment AG (SIX Swiss Exchange: SFPN) can look back on a successful financial year 2015. Net profits excluding revaluation effects rose from CHF 10.1 Mio to CHF 12.6 Mio. Earnings before interest and taxes (EBIT) for the financial year 2015 amounted to CHF 31.0 Mio. (2014: CHF 16.5 Mio.), and net profits reached CHF 22.7 Mio. (2014: CHF 10.5 Mio.). The increase in EBIT and net profits was supported by reevaluation effects and sales successes.
Swiss Finance & Property Investment AG will release details of its financial results as well as the report for the financial year 2015 on 8 March 2016.
As a 40% co-owner of Klausstrasse 4, Swiss Finance & Property Investment AG arranged in cooperation with the joint ownership for a major, long-term lease of 1'184 m2office space with an international asset managers starting January 2016.
This contract reduces the vacancy of this office property by more than half, and the entire vacancy of Swiss Finance & Property Investment AG from 7.3% to 5.7%. Intensive marketing for the remaining surfaces will continue, with a view to full occupancy in the 1st half 2016.
Contacts: | |
Thomas Prajer, CEO | Stephan Ehrsam, CFO |
Swiss Finance & Property Investment AG | Swiss Finance & Property Investment AG |
Seefeldstrasse 275 | Seefeldstrasse 275 |
CH-8008 Zürich | CH-8008 Zürich |
Tel. +41 43 344 61 31 | Tel. +41 43 344 61 31 |
prajer@swissfp.com | ehrsam@swissfp.com |
Agenda | |
Publikation FY 2015 | 8 March 2016 |
Ordinary general assembly | 12 April 2016 |
Swiss Finance & Property Investment AG (SFPI) is a Swiss real estate company that is headquartered in Zurich. It is active in the development and management of an existing real estate portfolio and in the acquisition of property. Within the scope of its operations, Swiss Finance & Property Investment AG invests in commercial and residential property with potential for development. The company is especially looking for investment property that can be effectively optimised through cost management, repositioning, further development, restructuring of tenant relationships and other measures. Swiss Finance & Property Investment AG has been listed at the SIX Swiss Exchange since 17 April 2012: Symbol: SFPN, Valor: 003281613, ISIN: CH0032816131. Further information and the annual report 2014:www.sfpi.ch.
Disclaimer
This press release is not being issued in the United States of America and should not be distributed to U.S. persons or publications with a general circulation in the United States. This press release does not constitute an offer or invitation to subscribe for, exchange or purchase any securities. In addition, the securities of Swiss Finance & Property Investment AG have not been and will not be registered under the United States securities act of 1933, as amended (the "Securities Act"), or any State securities laws and may not be offered, sold or delivered within the United States or to U.S. persons absent registration under or an applicable Exemption from the registration requirements of the United States securities laws.
This news release may contain forward-looking statements, such as expectations, plans, intentions or strategies regarding the future. Such statements are subject to uncertainties and risks. The reader is cautioned to be aware that such statements may deviate from actual future events. All forward-looking statements in this press release are based on data available to Swiss Finance & Property Investment AG at the time of publication of this media release. The company assumes no obligation to update forward-looking statements in this press release at a later date to reflect new information, future events or otherwise update.
Media Release 9 February 2016 Seite 2
Swiss Finance & Property Investment AG issued this content on 09 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 09 February 2016 08:48:25 UTC
Original Document: http://www.sfpi.ch/fileadmin/sfpi.ch/news/2016/08.02.2016/SFPI_Medienmitteilung_2_16_E.pdf
