PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Zurich's PSP Swiss net rises 21.5%; vacancies in focus
Zurich listed PSP Swiss Property reported 2010 net income up 21.5% to CHF281m, but excluding fair value adjustments, up by 2.4%. Carrying value of its 175 properties rose to CHF5.3bn from CHF5.0bn at end-2009, though portfolio vacancy climbed to 8.5% from 7.5%. Acquisitions and vacancy management are top priority, said CEO Luciano Gabriel.