RRREEESSSUUULLLTTTAAATTTEEE DDEDLEEILVLIEVIVREEIRNRINIGNGGGGRGORROWOWTWHTTHIHNININ GGGEEESSSCCCHHHÄÄÄFFFTTTSSSJJAJAAHHHRRR222000222444
Z Ü R I CSH , 6W. F E B R IU ASR 2 0S2 5 REAL ESTATE
SZ Ü RWI CSH , 6IW. FSE B RSIU ASR 2R0S2 5 ERAELAELSETSATTAETE
S W I S S P R I M E S I T E C A P I T A L M A R K E T S D A Y , G E N E V A , 1 5 T H M A Y 2 0 2 5
S W I SS W I S S P R I M E S I T EI C A P I T A L M A R K E T S, D A Y , G E N E V A , 1 5 T H M A Y 2 0 2 5 S P R I M E S I T E C A P T A L M A R K E T S D A Y G E N E V A , 1 5 T H M A Y 2 0 2 5
DELIVERING GROWTH IN SWISS REAL ESTATE
S W I S S P R I M E S I T E C A P I T A L M A R K E T S D A Y , G E N E V A , 1 5 T H M A Y 2 0 2 5
Agenda
1. GROUP AND PORTFOLIO STRATEGY
MOMENTUM IN ASSET MANAGEMENT
FINANCIAL STRATEGY
G R O U P S T R A T E G Y
Switzerland is sound and stable amid global uncertainty
Growing Economy
Growing Population
High Productivity
1.4%
Real GDP Growth
0.8%
Population Growth
+4%
vs. OECD Average
Note: Numbers indicate latest 2025 estimates, Productivity compares GDP per hour worked as per OECD (latest available).
Sources: Swiss Economic Ministry (SECO), Federal Statistical Office (BFS), OECD.
G R O U P S T R A T E G Y
Macro fundamentals - the base for lettings demand and capital flows
High Employment Growth Diversified GDP Split Mix Continued Low Inflation
Indexed to 2000
140
Nominal, LTM Q 4 2024 - Production Perspective
~USD 91 000 GDP per Head Top 5 per OECD
Headline inflation y- o- y
10%
130
Hospitality 2%
Other 7%
Pharmaceuticals and 8%
Chemicals
6%
120
110
Construction…
Health & social care
8%
Infrastructure 8%
Manufacturing
(other) 6%
12%
4%
Business
services 2%
18%
100
2000 2007 2014 2021
Switzerland Euro Area
Sources: Bloomberg, Federal Statistical Office
Finanance & Insurance 9%
Public administration 11%
Retail trade 3%
Trade (other) 11%
0%
-2%
2000 2007 2014 2021
Switzerland Euro Area
| Attention: This is an excerpt of the original content. To continue reading it, access the original document here. |

