HIG cracks billion mark
In its 50th year of existence, HIG Immobilien Anlage Stiftung holds properties with a market value of over one billion CHF in its portfolio for the first time.
HIG Immobilien Anlage Stiftung invests in directly held real estate throughout Switzerland. In fiscal year 2018/19, the market value of the portfolio increased by 5% compared to the previous year and is now just over one billion CHF.
Total income was 45.76 million, up 5.3% on the previous year. Target rental income increased byTP2T 3.31 to 52.8 million; the rental loss ratio wasTP2T 5.51.
The direct return (distribution) in fiscal year 2018/19 was 4.90%, and the investment return (performance) is put at 6.47%. The return on equity (ROE) is 6.39%.
HIG Immobilien Anlage Stiftung invests funds of pension funds in Swiss real estate. The subsidiary HIG Asset Management manages and develops real estate portfolios of pension funds on a mandate basis. (ah)
