PSPN:VIE
PSP Swiss Property AG
€155.00
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-0.64%(-1.00) 1D
Aug 31, 5:36:00 PM GMT+2 · EUR
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Open
€156.00
High
€156.00
Low
€155.00
Mkt. cap
6.67B
Avg. vol.
24.00
Volume
0.00
52-wk high
€185.30
52-wk low
€147.00
No. of employees
83
Open
€156.00
High
€156.00
Low
€155.00
Mkt. cap
6.67B
Avg. vol.
24.00
Volume
0.00
52-wk high
€185.30
52-wk low
€147.00
No. of employees
83
News stories
From web sources and news partners
AD HOC NEWS
·
11 hours ago
PSP Swiss stock holds steady as investors look to recent property sector trends
Profile
PSP Swiss Property is one of Switzerland’s largest real estate companies with approximately 160 office and commercial properties as well as several development sites and individual construction projects. Most of the properties are located in the economic centres of Zurich, Geneva, Basel, Bern and Lausanne. The properties are mainly used for offices and retail.
The portfolio’s total value is around 7 billion francs, while rental income adds up to 280 million. The company has 90 employees in Zurich, Geneva and Olten as well as the holding company's domicile in Zug.
PSP Swiss Property was founded by the insurance company Zurich Insurance Group in 1999 and listed at the SIX Swiss Exchange in an initial public offering in March 2000. Ever since, the company has focused exclusively, as a pure play real estate company, on commercial properties in Switzerland. PSP Swiss Property pursues a conservative financing policy with an equity ratio exceeding 50% and correspondingly low debt.
Giacomo Balzarini has been the current chief executive officer of the company since 1 April 2017. Wikipedia
About PSP Swiss Property AG
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