
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

Zurich is cracking down on holiday lets
Zurich is tightening the rules on housing from 1 September 2026. Anyone who regularly lets out flats for short periods as Airbnb accommodation or business flats must declare this use. In some cases, a planning application is required for conversions, even where no building work is

Dietikon is testing what cities will need in the future
Cities are struggling with congested roads, noisy delivery vehicles and a transport system that is reaching its limits. In the Limmat Valley, four partners have decided they can’t wait any longer. They are transforming the urban area into a test bed.

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

Locarno is digitally reorganising 70 buildings
Locarno is transitioning its municipal building stock to a digital database. This will enable more than 70 properties to be compared in terms of their condition, energy requirements and investment needs. As a result, the focus for refurbishments and budgets is shifting from individual decisions to

Development Switzerland Calls for Five Reforms
According to Entwicklung Schweiz, housing construction in Switzerland has reached a historically low level. Meanwhile, the population—and thus the demand for housing—continues to grow. In its position paper titled “Ways Out of the Housing Crisis,” the industry association calls for fewer


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

Horw launches the 568-million project
The planning application for the new campus in Horw is now on public display. The canton is thus taking its largest educational construction project into the next phase. The plans include new buildings, refurbishments and a conversion to be carried out whilst the campus remains open, with a

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

Lots of tools, lots of manual work. Flatfox puts an end to that.
Even today, many property management companies still struggle with inefficient—and in some cases even manual—processes: Either different tools such as ERP systems, email, Excel, and listing platforms are not integrated with one another, leading to disconnects and

SMG reorganises its management structure
At SMG, the change of leadership is already being coordinated with the next change of leadership on the Board of Directors. Christoph Tonini is stepping down as CEO on 31 December 2026, but is set to take over as Chairman of the Board of Directors in April 2027. This means that the group’s

Zumikon enforces new planning law and halts the Huebrüti development
Zumikon is bringing the partial revision of the Building and Zoning Regulations into force on 1 January 2027. This means that new, harmonised measurement methods and amended regulations will apply to building applications. Ironically, the controversial rezoning in Huebrüti remains on hold for the

Lucerne blocks plans to phase out solar roofs
In the canton of Lucerne, the solar panel requirement for roof renovations is only due to come into force on 1 March 2025 and is already under fire again. The cantonal government is now standing its ground and does not intend to water down the requirement, despite criticism regarding costs, the

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

Nussbaum’s residential towers are even more deeply entrenched
For the Markthof Schild Ost project in Nussbaumen near Baden, the start of construction—already scheduled for spring 2026—is being further delayed. Because the ongoing permitting process has made a second basement level necessary, the underground parking garage is being expanded from 48 to 70

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

636 million are driving the renovation forward
In 2025, the federal government and the cantons committed a total of 636.4 million Swiss francs to energy-efficiency measures for buildings. This boost comes not only from the existing building program but also from the new stimulus program, which primarily supports larger heating system

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

Biel is streamlining its real estate portfolio
Biel is reorganizing its extensive real estate portfolio. In August 2026, the municipal council adopted a strategic framework to ensure that maintenance, investments, school facilities, and land policy are no longer based on scattered data and fragmented

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

Real estate portals are driving the surge in profits
SMG’s real estate platforms are setting the pace for the first half of 2026. The division saw revenue rise by 11.5 percent to 88.5 million Swiss francs and achieved an adjusted EBITDA margin of 62.9 percent. At the same time, the marketplace operator is reorganizing its executive

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

Limmat Revitalization Project Stumbles Over Contaminated Sites
The plans for the “Lebendige Limmat” will be available for public review through September 28, 2026. This major Zurich project aims to combine flood protection, biodiversity, and local recreation along a 3.2-kilometer stretch; however, at approximately 95 million Swiss francs, it will be