immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Entwicklungsprojekte

  • Housing shortage in the canton of Zurich: a current inventory

    Housing shortage in the canton of Zurich: a current inventory

    The vacancy rate for flats in the canton of Zurich has reached a new low. With a vacancy rate of just 0.53 per cent, availability has fallen further below the previous year’s already low figure of 0.61 per cent. Flats with up to three rooms are particularly scarce, while larger units tend to remain unoccupied. The greatest challenges exist in the urban centres of Zurich and Winterthur as well as in the Zurich Oberland.

    In the city of Zurich, almost no flats are unoccupied – the rate is a marginal 0.06 per cent. Even among new builds, of which 2,900 units were completed, only seven flats were not immediately occupied. Winterthur also recorded an all-time low vacancy rate of 0.19 per cent, despite the completion of around 400 flats in new development projects.

    The decline in the vacancy rate signals a discrepancy between the expansion of housing supply and rising demand. Although construction activity is continuing, it is not keeping pace with demand. Net housing production remains below the long-term average.

    The challenge of providing sufficient living space to meet demand remains in the canton of Zurich. The current figures emphasise the need to further intensify construction activity and find innovative solutions to create more living space.

    The situation on the housing market in the canton of Zurich requires continued and intensified efforts on the part of all stakeholders. Striking a balance between supply and demand remains a key task for the coming years in order to effectively tackle the housing shortage.

  • Crowdlending, a new source of real estate financing

    Crowdlending, a new source of real estate financing

    Investors benefit from fixed interest rates in Swiss francs. Unlike traditional savings accounts, which often offer negligible returns, real estate crowdfunding offers attractive returns and is therefore an interesting alternative for those who want to maximise their income. In addition, the minimum investment required is affordable. This widens the circle of investors and allows them to diversify their real estate portfolios by investing in different short- and medium-term projects while avoiding the volatility of the equity markets.

    Optimise financing structures
    Real estate crowdfunding is not a substitute for banks, but complements the equity of real estate developers. The loans granted by investors are subordinated and secured by real estate, which provides security in case of default. This approach allows developers to focus on developing existing and new projects without tying up a large part of their capital in ongoing projects. This allows them to complete their financing quickly and avoid diluting future profits from their businesses by using external financing partners.

    Property owners now have access to an additional source of financing to add value to their assets. They can use the funds received for renovations and improvements to their properties and thus optimise the financial structure of their property portfolios. This financial flexibility is a great advantage for owners who want to increase the value of their properties while maximising returns.

    Apart from the individual benefits, real estate crowdlending also contributes to Switzerland’s economic and social dynamism. By encouraging the creation of new housing and the renovation of existing assets, it meets the housing needs of the local population. The increasing demand for housing in Switzerland, especially in urban areas, requires high investments in the real estate sector. Real estate crowdfunding offers an innovative solution for financing these projects and thus contributes to the country’s economic growth. Furthermore, by supporting real estate projects, real estate crowdlending creates employment opportunities in the construction industry and related service sectors.

    Conclusion
    In summary, real estate crowdlending is an innovative source of financing for the real estate sector in Switzerland. With undeniable benefits for investors, developers and property owners, it opens up new perspectives and appeals to a growing number of people in Switzerland with a
    growth of over 400% in six years and a volume of CHF 142 million1 by 2022. This model offers an interesting alternative to traditional investments and contributes to the democratisation of real estate investments in Switzerland.

  • PSP Swiss Property grows profitably

    PSP Swiss Property grows profitably

    According to a statement by PSP Swiss Property , the Zug-based real estate company generated property income totaling CHF 309.64 million in the 2021 financial year. Compared to the previous year, this corresponds to growth of 4.5 percent. The operating result (EBITDA) excluding property gains such as valuation differences amounted to CHF 278.76 million in 2021, which is 2.8 percent more than in 2020. PSP Swiss Property attributes the growth primarily to increased rental income year-on-year and higher profits on the sale of development projects and condominium back.

    A net profit of CHF 595.02 million was reported in the year under review, compared to CHF 292.09 million in the previous year. In addition to the factors relevant to the operating result, the appreciation of the portfolio by CHF 464.9 million played a decisive role here. As of the end of 2021, the real estate portfolio of PSP Swiss Property was valued at CHF 9.13 billion.

    In the course of the financial year, the real estate company completed a number of projects and added them to the investment portfolio. The announcement mentions, among other things, the new ATMOS building in Zurich-West with an area of 24,000 square meters. Four investment properties have been reclassified as development projects and a number of properties have been successfully sold, explains PSP Swiss Property. No new investment properties, areas or projects were acquired in 2021.

    For the current financial year, the company anticipates an EBITDA excluding real estate gains of CHF 285 million. The focus will remain unchanged on the modernization of selected properties, our own development projects and leasing. PSP Swiss Property intends to resell non-strategic real estate, while purchases are made dependent on the added value that is expected in the long term.