Fundamenta Real Estate AgSIX: FREN

FREN: Net profit surged 142% to CHF 12.2m in H1 2024, with strong portfolio growth and low vacancies

· Issued by Fundamenta Real Estate AG

Net profit more than doubled to CHF 12.2m in H1 2024, driven by a positive revaluation, while the portfolio value rose to CHF 1.23bn and the vacancy rate remained low at 1.6%. Dividend of CHF 0.55 per share was paid; outlook remains cautious amid high leverage and market volatility.

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