on Mobimo Holding AG (isin : CH0011108872)
Mobimo Holding AG Hosts Capital Markets Day, Shares Company Outlook and Project Updates
On April 18, 2024, Mobimo Holding AG held its Capital Markets Day in Zurich, gathering investors, analysts, and media to provide updates on its strategic initiatives and project pipeline. Daniel Ducrey, CEO, outlined the company's three strategic pillars aimed at boosting rental income, securing development profits, and protecting equity. He highlighted recent successes and projected future goals based on the current project pipeline.
Mobimo shared details about the upcoming developments including the Torfeld Süd site in Aarau, expecting to commence construction mid-2026 with an investment of around CHF 68 million. This will feature a new timber construction with residences suited for families and a separate building with smaller units.
The company also spotlighted the transformation of Lausanne's Quartier du Flon, which has evolved into a renowned shopping and nightlife district, attracting over 7.5 million visitors annually. Further, Mobimo discussed upcoming condominium projects and its approach to grey energy in construction, showcasing a commitment to sustainability and efficient property management through digitalization.
The medium-term financial outlook remains positive with anticipated growth in rental income and contributions from development projects. Despite potential rises in financing costs, Mobimo aims to maintain an attractive dividend policy. The day concluded with a tour of recent residential projects in Zurich.
R. H.
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