BFW Liegenschaften AG reported earnings results for the first half of 2013. For the first half, the company reported EBIT of CHF 9.3 million (+15% compared to first half 2012 with CHF 8.1 million) and reported net earnings including effects from changes in fair value of real estate investments of CHF 10.6 million compared to first half 2012 of CHF 4.4 million. Excluding the fair value changes in interest rate swaps and receiver swaptions, which had led to a positive effect before taxes of CHF 5.5 million during the reporting period 2013, net earnings amounted to CHF 6.2 million compared to first half 2012 of CHF 4.8 million.

Net rental income for the first half of 2013 was CHF 9.9 million and remained almost unchanged compared to the previous year period first half 2012 of CHF 9.8 million. Total operating income (rental income and earnings from the sale of properties) amounted to CHF 9.9 million for the first half of 2013 compared to first half 2012 of CHF 10.1 million.