Neur.on AI gewinnt Swiss Fintech Award 2024
Neur.on AI Solutions from Fribourg, led by founder and CEO Paula Reichenberg, wins the “Early-Stage Start-up of the Year” category at the Swiss Fintech Awards 2024 and receives prize money…
Business
Procimmo expands real estate fund
Procimmo plans a capital increase to expand the Residential Lemanic Fund. With investments in Lausanne and Geneva, the company aims for further growth while maintaining the quality of its portfolio.
Expansion of the range of services through strategic acquisition
Pforzheim-based ease GmbH has acquired the Munich-based subsidiary of Helvengo AG. The acquisition of the Zurich-based insurance company's German business is intended to complement ease's range of services. The two…
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Housing prices develop differently
Prices for condominiums were slightly higher in July than in June. By contrast, prices for single-family homes fell at the same time. Asking rents also fell. These are the findings…
Home ownership is becoming more expensive
Residential property prices continued to rise in the second quarter of 2024. The BFS residential property price index shows a quarterly increase of 1.1 percent. Price growth was particularly strong…
Mobimo posts profit increase
Mobimo Holding AG achieved strong growth in operating profit in the first half of 2024. A significant sales gain and successes in the rental and development sectors contributed to a…
Public consultation on the Lucerne agglomeration programme
The cantonal government has released the fifth-generation Lucerne agglomeration programme for public consultation. From 3 August to 1 October 2024, experts, municipalities and interested parties can contribute their views. The…
Holcim posts record high profitability
Holcim reports a recurring operating result of CHF 2.2 billion for the first half of 2024. The corresponding margin reached a record 23.2 percent in the second quarter. Sustainable construction…
Multi-family houses on the upswing, office properties stagnating
Prices for multi-family homes in Switzerland rose by 1.3% in the second quarter of 2024 compared to the previous quarter. Compared to the same quarter of the previous year, the…
Construction investment increased slightly in 2023
Construction expenditure in Switzerland rose slightly by 0.2 per cent in 2023. Investments in building construction fell by 0.3 per cent. Investments in civil engineering increased by 2.7 per cent.
Property fund raises 610 million francs
Swiss Life Asset Managers has completed a capital increase for its property fund. Swiss Life REF (CH) ESG Swiss Properties raised CHF 610 million in the process. This puts the…
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Housing market loses liquidity
Rising asking rents and fewer advertised properties are deterring tenants from changing their home. The supply of small and affordable flats in particular has fallen significantly. These are the findings…
Marketplace for commercial property
maison (Schweiz) AG has raised a six-figure sum in a financing round. According to the company, this secures the financing of maison.work. The new funds are intended to help accelerate…
Housing affordability in Switzerland
A current analysis shows the affordability of housing in Switzerland and the considerable differences depending on the measurement approach. The proportion of households with unaffordable housing varies between 6.7% and…
City Council approves CHF 300 million for CoolCity
In future, Zurich's lake water will heat and cool the city centre. To this end, ewz is realising the CoolCity energy network - one of the largest lake water networks…
Affordability of housing in Switzerland
A current study shows the stable development of the housing cost burden in Switzerland and examines the advantages that targeted subject promotion could have over the current property promotion as…
Shareholder communities of GZO AG Spital Wetzikon support reorganisation options
The shareholder communities of GZO AG Spital Wetzikon have reaffirmed their support for the reorganisation of the hospital and defined the necessary conditions for financial participation. Despite the debt deferral,…
CKW activates minimum remuneration for solar power
CKW will apply the minimum remuneration for solar power decided by the federal government for the beginning of 2025 from the second quarter of 2024. This is intended to protect…