Dear Sir or Madam
Swiss Prime Site looks back on a successful financial year 2025. We completed our strategic realignment and further consolidated our position as Switzerland's leading independent real estate company. The refurbishment of the Jelmoli building and with the resulting focus on our core business mark the completion of our transformation.
At the same time, our strong operating results in the past financial year 2025 confirm that we are on the right track: resilient rental income, strong performance in asset management and stable earnings of CHF 4.22 per share (FFO I) underline the robustness of our strategy and business model. Accordingly, the Annual General Meeting approved all of the Board of Directors' proposals, including the proposed dividend increase.
After issuing a Eurobond last September, we continued to build momentum on the financing side. With the successful placement of a green convertible bond in March, worth CHF 350 million, we further strengthened our capital structure and took advantage of opportunities in the capital market. The attractive terms and a conversion price of almost CHF 180 underscore the trust that market participants place in us.
Our responsibility goes beyond our core business: for seven years, we have been involved in the YES (Young Enterprise Switzerland) Company Programme. In doing so, we are fostering the entrepreneurial skills of the next generation – a commitment that is particularly important to us.
Thank you for your continued interest and trust.
