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INVESTIS Holding SA / Key word(s): Real Estate Investis has acquired further residential properties in prime locations for CHF 139 million. These are located either in the greater Lausanne area or directly in the city itself, as well as in Montreux, in close proximity to key facilities such as the train station, schools, shopping and other amenities. These properties offer an attractive gross rental yield of over 4.3%. The gross rental income amounts to CHF 6.0 million. Stéphane Bonvin, CEO of Investis, commented: “The newly acquired residential properties are an ideal complement to our existing portfolio. They are all located in urban areas with first-class infrastructure and offer attractive potential for rent increases.” Together with the acquisitions announced on 2 September 2024 at the presentation of the 2024 half-year results, Investis acquired properties for a total of CHF 298 million in the second half of 2024, increasing the gross rental income by CHF 16.8 million. In addition, Investis was able to expand its credit lines with existing banks by CHF 225 million and has now a financing volume of CHF 600 million. End of Inside Information |
| Language: | English |
| Company: | INVESTIS Holding SA |
| Neumühlequai 6 | |
| 8001 Zürich | |
| Switzerland | |
| Phone: | +41 58 201 7242 |
| E-mail: | laurence.bienz@investisgroup.com |
| ISIN: | CH0325094297 |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 2054169 |
| End of Announcement | EQS News Service |
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2054169 18-Dec-2024 CET/CEST
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