Higher earnings and project progress drive half-year figures
Basel-based HIAG reported an increase in net profit of 23.3 per cent to CHF 44.6 million in the first half of 2025. Real estate income rose to CHF 39.3 million and the overall portfolio was revalued by CHF 26.6 million.
According to a statement, real estate company HIAG increased its net profit by 23.3 per cent to CHF 44.6 million in the first half of 2025 (prior-year period: CHF 36.2 million). Adjusted for revaluation effects, net profit totalled CHF 20.5 million, compared to CHF 25.5 million in the first half of 2024.
EBIT also rose by 20 per cent to CHF 54.9 million. This was due to higher property income, increased valuations, successful sales of properties not in line with the strategy and strict cost discipline. The real estate company increased its property income by 5.8 per cent to CHF 39.3 million (prior-year period: CHF 37.1 million) thanks to several successful lettings of vacant space and successful project completions, such as the completion of the Fahrwerk in Winterthur. Marketing of the Livingstone project in Cham ZG also began in the reporting period.
Project progress in the first half of the year led to a net appreciation of the development portfolio by CHF 17.2 million (2.2 per cent). The existing portfolio was revalued by CHF 9.4 million (0.8 per cent); the overall portfolio was thus revalued by CHF 26.6 million. Income from the successful sale of non-strategic properties totalled CHF 3.5 million, an increase compared to the previous year, in which no properties were sold.
HIAG expects continued positive developments in 2025 thanks to further project progress, the notarisation of the condominiums in the Livingstone project, a sharpened corporate strategy, a strong balance sheet and a flexible financing structure.