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

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

Fundamenta Real Estate AgSeptember 3, 20243
FREN: Net profit surged 142% to CHF 12.2m in H1 2024, with strong portfolio growth and low vacancies

About this update from 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.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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