PRESS RELEASE

from INVESTIS Holding SA (isin : CH0325094297)

Investis announces completion of the announced property acquisitions – further purchases have been signed

INVESTIS Holding SA / Key word(s): Miscellaneous
Investis announces completion of the announced property acquisitions – further purchases have been signed

24.07.2024 / 07:00 CET/CEST


  • Successful completion of the first part of the portfolio expansion
  • Properties complement portfolio
  • Further acquisitions already signed

The five signed property acquisitions mentioned in the 24 June press release have been completed successfully. The total purchase price amounts to CHF 201 million (gross rental income CHF 12.5 million).

 

Purchase agreements have also been signed for two additional residential properties with a purchase price of CHF 15.8 million (gross rental income CHF 0.7 million). One purchase agreement has already been finalised. The second is expected to be closed in the coming weeks.

 

Even after these additional purchases, the LTV remains below the previous year’s level (26% as at 31.12.2023).

 

Stéphane Bonvin, CEO: “These properties are an excellent addition to our portfolio. As part of this optimisation and following the sale of our services business, we are further consolidating our real estate portfolio with a strong equity base”.



End of Media Release


Language:English
Company:INVESTIS Holding SA
Neumühlequai 6
8001 Zürich
Switzerland
Phone:+41 58 201 7242
E-mail:laurence.bienz@investisgroup.com
ISIN:CH0325094297
Listed:SIX Swiss Exchange
EQS News ID:1952515

 
End of NewsEQS News Service

1952515  24.07.2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1952515&application_name=news&site_id=symex~~~af100301-a623-4c64-8f3d-90fc88eca9e6
See all INVESTIS Holding SA news