Ina Invest devalues portfolio by 2.5 percent
Due to a valuation adjustment of the portfolio value, Ina Invest will probably post a loss of CHF 15 million in the current financial year.
According to a statement from Ina Invest, the appraiser Wüest Partner has announced the results of the provisional valuations of the real estate portfolio as at December 31. This results in a market-related correction of around -2.5% compared to the previous year. The non-cash devaluation is in line with the general market trend, emphasizes Ina Invest.
Although positive operating developments and results were achieved in the 2023 financial year, the correction is likely to lead to a negative annual result in the region of CHF 15 million, according to the statement. More detailed information will be announced on February 27, 2024. (aw)
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