
Sydney goes from being a bargain to a risk
Sydney is leading the way in Australia’s housing downturn. Falling prices, a slump in demand and the reform of the ‘negative gearing’ tax scheme are all putting pressure on the existing property market, project costing and developer financing. The boom is thus losing stability in precisely

Benchmark interest rate halts further rent increases for the time being
The reference interest rate for mortgages in Switzerland will remain at 1.25 per cent as of 2 September 2026. For existing tenancies, this means that, for the time being, there will be neither a new entitlement to rent reductions nor a new basis for increases due to the reference interest

Champel continues to drive up house prices in Geneva
A fully let residential block comprising 84 flats in Geneva-Champel is changing hands for 60 million Swiss francs. The deal highlights just how fiercely competitive prime residential locations remain and how property funds are continuing to expand their presence in Geneva in a market with an

Low interest rates are not easing the pressure on rents
The reference interest rate in Switzerland remains at 1.25 per cent, but this is doing little to stabilise the housing market. Despite the historically low rate, UBS expects rents to rise again in 2026 and 2027, whilst an increase to 1.5 per cent from the end of 2027 could make it easier, from a

Housing fund raises 100 million for the refurbishment
The Raiffeisen Futura Immo Fund is set to launch its largest capital raising to date in September 2026. Around 100 million Swiss francs are to be used to finance new acquisitions and the sustainable refurbishment of the existing portfolio, following a recent rise in the debt-to-equity ratio to


Zurich’s Billion-Dollar Bet on Land and Apartments
Between 2022 and 2025, the City of Zurich acquired a total of 47 properties, investing 1.3 billion francs in the process. Twenty-nine residential properties with 527 existing apartments directly support the goal of increasing the share of public-interest rental housing to one-third by

Lighting: A malfunction is the worst possible time to make an investment decision
The federal government allocates up to 70 million Swiss francs annually for energy efficiency measures—but in 2025, only a little over a third of that amount was utilized. The reason is rarely a lack of interest. Rather, it is because most property owners and managers do not address their

Lausanne plans to make 200 million available for new signings
Lausanne is set to have a significantly larger property budget. The Municipal Council’s Finance Committee wants to increase the acquisition loan for the period 2026 to 2031 from 130 to 200 million Swiss francs. This move is part of a more stringent land and housing policy based on the right of

The rise in risk in the housing market is levelling off
The Swiss residential property market appears less overheated in the second quarter of 2026. MoneyPark’s risk index has fallen from 3.7 to 3.5 points. However, it is still too early to breathe a sigh of relief, as unemployment, strict affordability rules and significant differences in interest

Geneva acquisition pushes Allreal further into the office sector
A large office property in Geneva and seven sales of smaller properties are strengthening Allreal’s portfolio. Operationally, the group posted growth in the first half of 2026, but the vacancy rate—at 3.6 percent—is significantly higher than in previous years and remains the most challenging

Residential neighborhood near the train station moves one step closer to becoming a reality
The Granador site near Hitzkirch and Ermensee is changing hands, giving new momentum to a development project that had been stalled for years. According to the design plan approved in March 2026, the new owner aims to submit a building application for approximately 275 apartments as early as

Portfolio shifts weigh on earnings, but sales offset the impact
Intershop’s 2026 half-year financial results are mixed. Lower rental income and significantly smaller revaluation gains are weighing on reported profits, while sales and acquisitions are reshaping the portfolio and dampening the annual outlook for net property

Basel is struggling with a growing commercial vacancy rate
511,000 square meters of unused commercial space in the two Basel cantons mark an abrupt reversal of the trend. While the housing market continues to dry up, vacancies in retail, commercial, and warehouse spaces in particular are rising sharply, intensifying the pressure on property owners and

Projects in Lausanne are driving the forecast upward
Higher rental income, a successful sale in Lausanne, and progress on two development projects are giving Epic Suisse more leeway. The real estate group is raising its forecast for 2026, even though the reported vacancy rate has risen significantly due to new space coming

Zurich Deploys AI for 100,000 Buildings
With the sale of BuildingMinds to the Zurich-based platform Lookthrough, the AI analysis of institutional real estate portfolios is becoming more integrated. The combined platform is expected to utilize data from more than 100,000 buildings in 64 countries; the transaction is scheduled to close in

Shenzhen Is Brushing Aside the Real Estate Crisis
Hui Ka Yan’s life sentence brings one of the most spectacular chapters of China’s real estate boom to a close. For the market, however, the crisis is far from over, as millions of pre-sold apartments, massive debts, and new insolvency proceedings continue to weigh on the

Cyber Risk Becomes a Top Priority
The attack rarely begins in the server room. It arrives in the inbox as a credible email, comes in the form of a phone call from a purported executive, or is disguised as a modified payment order. Swiss SMEs frequently experience cyber incidents, yet they assess their own risk as surprisingly low.

Stability Is a Matter of Location Policy
The global economy is navigating turbulent waters. Trade conflicts, military escalations, and fragile supply chains are putting pressure on companies. Yet in the canton of Zurich, the economy remains remarkably stable. The reason lies deep within the region’s profile and is particularly evident

Apartment Sales Drive Basel to Another Jump in Profits
Just under 85 million Swiss francs in net income over six months, 60.8 million Swiss francs from residential sales, and a nearly sold-out project in Cham. The Basel-based real estate group’s half-year financial report shows just how strongly development gains are currently driving earnings, while


Ticino is capitalising on profits from land sales
In Ticino, the property gains tax is no longer to go solely to the canton. A parliamentary initiative calls for 40 per cent of the revenue to be channelled to the municipalities in which the sold property is situated. According to a simulation, this would have amounted to around 31.6 million Swiss

Zurich Residential Buildings Are Facing a Yield Crisis
An apartment building on Döltschiweg in Zurich, with a clear need for renovation, is on the market for 7.8 million Swiss francs. This case illustrates how the low-interest-rate environment and investment pressure are driving even weak residential properties to price levels that leave virtually no

Rental market stagnates, cantons slip into the red
In Switzerland, asking rents remained virtually unchanged in July 2026, although they fell in 15 cantons. The national index remained at 134 points. This reflects a noticeable summer lull, whilst the year-on-year comparison, at plus 2.4 per cent, still does not indicate any easing of price

Healthcare property shares are proving almost impossible to sell
Just under half of the over-allotment option was exercised following the healthcare property specialist’s stock market debut. Whilst this increases the free float to 28.8 per cent and the placement volume to 238.3 million Swiss francs, it does little to alter the dominant position of the anchor

Germany’s property prices are falling sharply
Germany’s property market is slowing down significantly in the second quarter of 2026. Purchase prices are rising only marginally, the residential property market is losing momentum, and office property values are once again falling. For investors, developers and lenders, this is heightening

Residential construction drives up fund profits
Higher rental income, lower vacancy rates and 80 million Swiss francs of fresh capital. The Immo Helvetic property fund posted an operational improvement in the first half of 2026, despite no new acquisitions being made during the reporting period. The boost stems from ongoing residential

Bern’s housing market remains extremely tight
Even 351 vacant flats in Bern are still not enough to provide even a minimal buffer. As at 1 June 2026, the vacancy rate remained at 0.44 per cent, even though the housing stock had risen to 79,797 units by the end of 2025 and new builds had already been fully

The pressure from Hypozins is only briefly dampening the shopping frenzy
The cost of home ownership in Switzerland continues to rise in July 2026, but at a significantly slower pace. Flats are still up by 0.3 per cent month-on-month, whilst detached houses have risen by just 0.1 per cent. At the same time, fixed-rate mortgages rose noticeably up to 25 July, making
