Swiss Prime Site AG
SWPRF
Other OTC170.26
USD
- -
- -
ISIN
CH0008038389
Return %
Stock
S&P500
1Y
25.97
26.57
3Y
91.23
76.60
5Y
66.35
78.48
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Marcel Kucher
- Full Time Employees
- 512
- Sector
- Real Estate
- Industry
- Real Estate - Diversified
- Address
- Frohburgstrasse 1 Zug Switzerland 4601
- IPO Date
- Jan 29, 2015
- Website
- sps.swiss
- Similar Companies
- Business
- Swiss Prime Site AG (SPSN.SW), founded in 1999 and headquartered in Zug, Switzerland, operates as Switzerland's leading listed real estate company with activities spanning the full real estate life cycle, including acquisition, development, management, leasing and divestment of properties; it focuses on two primary pillars of commercial real estate investments via Swiss Prime Site Immobilien and asset management services for external capital via Swiss Prime Site Solutions. The Real Estate segment invests in and lets high-quality commercial properties valued at over CHF 13 billion, primarily office spaces followed by retail, logistics, infrastructure and specialized uses in prime locations across major Swiss economic centers such as Zurich, Geneva, Basel and Bern; properties feature mixed-use developments with around 1.6 million square meters of usable space, over 140 assets and a diverse tenant base of approximately 2,000 clients. The Asset Management segment oversees CHF 14 billion in assets under management through open- and closed-ended funds, investment foundations for pension funds, advisory services and comprehensive real estate lifecycle solutions including portfolio management, development, transaction execution and sustainability-focused strategies; it targets institutional investors and pension funds with diversified residential-heavy portfolios covering Switzerland and select international regions, generating fee-based growth without deploying proprietary capital. Operations emphasize sustainable practices aligned with Energy Strategy 2050 and UN Sustainable Development Goals, aiming for net-zero operational emissions by 2040 alongside a conservative financing structure featuring low loan-to-value ratios around 38%, high liquidity reserves and half of external debt tied to green targets. Recent developments include a CHF 300 million capital increase in February 2025, oversubscribed at a premium to net asset value for accretive property acquisitions such as the Place des Alpes site in Geneva and a Lausanne-West asset; full-period consolidation of specialist manager Fundamenta boosting Asset Management revenues 41% and EBITDA 64% in first-half 2025; CHF 540 million in new fund capital raises increasing assets under management to CHF 13.7 billion; and selective sales of six non-core properties for CHF 70 million to recycle capital into developments amid strong like-for-like rental growth.
Swiss Prime Site AG (SWPRF) Q4 2025 Earnings Call Transcript
Swiss Prime Site price target raised to CHF 97 from CHF 92 at Barclays