However,
Swiss epic advances 1st half:
Zurich (AWP) – The Real Estate Company Epic Switzerland recorded in the first half of the rent of rents. Moreover, profitability, the latter being carried by the revaluations. However, Management has confirmed its financial prospects for the whole year.
Between January and June, the rent product advanced 2.5% to 33.4 million Swiss francs, while the result of real estate revaluations was multiplied by almost two to 13.8 million, Epic said in a statement on Monday.
The gross operating profit (EBITDA) suddenly increased by 16.7% to 40.6 million and net profit from 31% to 30 million.
While the vacancy rate fell over a year from a percentage point at 3.8%, the total value of the Epic real estate portfolio swelled at the end of June 2.6% to 1.66 billion Swiss francs.
Despite the uncertainties linked to American customs duties. the management confirmed to expect in 2025 swiss epic advances 1st half to growth in the rent product between 2% and 3%. New recently completed development projects – Pulse and Campus Leman Building C – should support this favorable trend.
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swiss epic advances 1st half — Swiss epic advances 1st half: Zurich (AWP) – The Real Estate Company Epic Switzerland recorded in the first half of the rent of rents. profitability, the latter being carried by the revaluations. Management has confirmed its financial prospects for the whole year.Between Janua.
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