Solvalor 61 increases net income in the first half of the year
Thanks to rising rental income, net income increased by more than three percent.
The Realstone fund Solvalor 61 generated net income of CHF 14.7 million in the first half of the 2023/24 financial year, which is CHF 3.2% more than in the same period of the previous year. The fund management cites the increase in rental income (+3.75%) as the reason for the growth: the two successive increases in the reference interest rate meant that it was possible to push through rent increases, while acquisitions and the completion of an extension in Lausanne also contributed to the increase. The EBIT margin increased to 69.03%.
The fund's total assets increased by 2.2% to CHF 1.48 billion in the reporting period. The revaluation of 16 properties associated with construction and extension projects led to an increase in market value of 1.77%.
The fund expects further growth from four construction projects that have been legally approved and relate to extensions or energy-efficient renovations. (ah)
