Swiss Prime Site stock reports 2.4 percent FFO growth in H1 2026
Published on 10/05/2026 at 18:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Swiss Prime Site stock (ISIN CH0008038389) was last at CHF 119.60 on SIX Swiss Exchange on October 5, 2026 at 5:30 p.m. CEST, up 0.42 percent for the session. The company entered the final quarter with first half operating figures that support its full-year outlook.
FFO reaches a record level
According to Yahoo Finance on August 20, 2026, first half FFO1 per share rose 2.4 percent to CHF 2.15. Management said full-year FFO1 per share should reach the upper end of its CHF 4.25-CHF 4.30 guidance range.
Rental income increased 2.2 percent to CHF 231 million in the first half of 2026, while asset management fees rose 5.2 percent to CHF 40 million. The operating mix matters because fee income grew faster than rental income during the same reporting period.
Portfolio value passes CHF 14 billion
The own-property portfolio exceeded CHF 14 billion at June 30, 2026, an increase of 0.6 percent from year-end. The company also reported CHF 148 million in revaluation gains and a vacancy rate of 3.7 percent for the overall portfolio, according to The Globe and Mail.
Asset management added CHF 950 million of net new money in the first half and lifted assets under management to CHF 14.8 billion. That gives Swiss Prime Site a second growth engine alongside its directly owned Swiss real estate portfolio.
Consensus target stands above price
MarketWatch lists 10 analyst ratings for Swiss Prime Site. Yahoo Finance shows an average 12-month target of CHF 129.67, with a low of CHF 105.00 and a high of CHF 150.00. The average target lies 8.4 percent above the October 5 price.
The main counterweight is valuation sensitivity to financing costs and property yields. Management said the loan-to-value ratio was 39.9 percent at June 30, 2026 and targeted a level below 39 percent by year-end, while the average interest rate stood at 83 basis points.
Capital Markets Day follows
Swiss Prime Site plans its Capital Markets Day for October 26, 2026. Yahoo Finance reports that management intends to provide more detail on projects, costs and guidance at the event.
For investors, the central question is whether asset management growth and rental increases can offset the sector's sensitivity to rates. The first half figures provide a measurable baseline: FFO1 per share grew 2.4 percent, rental income grew 2.2 percent and the portfolio value rose 0.6 percent.
Stock remains below consensus target
Swiss Prime Site stock was last at CHF 119.60 on SIX Swiss Exchange on October 5, 2026 at 5:30 p.m. CEST, with a session range of CHF 118.80 to CHF 119.70. Its CHF 129.67 average analyst target is 8.4 percent above that price.
Swiss Prime Site stock facts
- Company: Swiss Prime Site AG
- ISIN: CH0008038389
- Ticker: SPSN
- Trading venue: SIX Swiss Exchange
- Price as of October 5, 2026, 5:30 p.m. CEST: CHF 119.60
- Market capitalization: CHF 9.6 billion (as of October 5, 2026)
- 52-week range: CHF 109.40-CHF 147.60 (as of October 5, 2026)
- Sector / Industry: Real Estate / Real Estate - Diversified
- Index membership: SMI Mid, SPI, SPI Extra, SXI Real Estate
Upcoming dates for Swiss Prime Site stock
- October 26, 2026: Capital Markets Day
