PSP Swiss Property Reports Stable Growth for Q3 2026

PSP Swiss Property AG has reported steady growth for the first three quarters of 2026, with robust demand for high-quality office and retail space in key Swiss business centers. Operating profit (EBITDA) rose by 14.7% to CHF 260.6 million, driven by the sale of the "Richtipark" development project. The company's EBITDA margin improved to 86.3% from 85.2% in 2025. The vacancy rate remains low at 3.7%.

The Swiss investment market continues to favor properties with sustainable positioning in central locations, particularly in Zurich and Geneva. Despite a challenging interest rate environment, investor demand remains strong. PSP's property portfolio value increased to CHF 10.2 billion, with 147 investment properties and 12 development properties.

PSP Swiss Property plans no major acquisitions soon, focusing instead on properties offering long-term appreciation potential. The company reaffirms its EBITDA guidance of CHF 335 million for 2026 while expecting to maintain a 3.5% vacancy rate by year-end.