PSP Swiss Property

PSP Swiss Property

Company type	Incorporated company
Traded as	SIX: PSPN SMI MID component
ISIN	CH0018294154
Founded	1999
Headquarters	Zug, Switzerland
Key people	Giacomo Balzarini (CEO) Luciano Gabriel (Chairman of the Board of Directors)
Number of employees	Approximately 90 (2017)
Website	www.psp.info

PSP Swiss Property is one of Switzerland’s largest real estate companies with approximately 160 office and commercial properties as well as several development sites and individual construction projects. Most of the properties are located in the economic centres of Zurich, Geneva, Basel, Bern and Lausanne. The main use of the properties is offices and retail.

The portfolio’s total value is around 7 billion francs, while rental income adds up to 280 million. The company has 90 employees in Zurich, Geneva and Olten as well as the holding domicile in Zug.

PSP Swiss Property was founded by the insurance company Zurich in 1999 and listed at the SIX Swiss Exchange in an initial public offering (IPO) in March 2000. Ever since, the company has focused exclusively, as a pure play real estate company, on commercial properties in Switzerland. PSP Swiss Property pursues a conservative financing policy with an equity ratio exceeding 50% and correspondingly low debt.

References

• NZZ, 12. November 2016: PSP Swiss Property ist weiterhin gut unterwegs
• Finanz und Wirtschaft, 8. März 2017: Sesselrücken bei PSP Swiss Property
• Private Magazin, Q1 2017: PSP Swiss Property – Schweizer Qualitätsimmobilien

This page was last edited on 6 February 2024, at 21:39