PIE Events
- Nordics Property Breakfast
31 May 2012
Frankfurt am Main, Germany
Upcoming Events
- Property Debt Breakfast
20 June 2012
London
Jelmoli buy helps Credit Suisse's Swiss Prime profit up 25%
Listed real estate firm Swiss Prime Site, managed by Credit Suisse, posted a 2010 net profit rise of 25.4% to CHF235m, and boosted rental income by 66%, helped by the acquisition of Jelmoli retail assets. "The acquisition of Jelmoli real estate strengthened the focus on prime sites," said CEO Markus Graf. SPS will place more focus on core assets, and activity will continue this year.