Ina Invest announces an increase in its operating profit and proposes structural simplification

Ina Invest, a Swiss real estate company listed on the SIX Swiss Exchange, recorded a significant increase in its operational operating profit for the year 2023. The result, excluding changes in market value, amounted to CHF 7.5 million, marking an increase compared to CHF 3.3 million the previous year. This progression is explained in particular by a 34% increase in rental income, reaching CHF 15.2 million thanks to the completion of several projects.

Despite a valuation correction of CHF -16.3 million resulting from higher interest rates, the company maintained its confidence in achieving its medium-term objectives, including a portfolio of more than CHF 2 billion and a return on equity greater than 6%. In addition to financial performance, Ina Invest scored points on the sustainability front by achieving good scores in the GRESB analysis, highlighting its efforts in sustainable construction.

A general meeting scheduled for April 3, 2024 will discuss the proposed merger with subsidiary Ina Invest SA, with a view to simplifying the company structure. This approach should increase the holding company's market capitalization by almost 40%, an increase of approximately CHF 125 million. With several projects in development and renewed confidence in growth prospects, Ina Invest plans to distribute, for the first time, a dividend for the 2024 financial year.