Swiss Prime Site raises 2026 FFO outlook, sets 2030 growth target

Swiss Prime Site, a Swiss property group, has raised its 2026 outlook for funds from operations (FFO I) per share to CHF 4.30-4.35 and set a target of more than 15% growth in that measure by 2030. The company attributes this raise to a strong third quarter and a positive market in its prime locations. Swiss Prime Site also aims to expand into healthcare property and buy out co-working provider FlexOffice, with the latter acquisition expected to close in the fourth quarter.

The company anticipates a vacancy rate of around 3.5% at end-2026 and a growth in assets under management by approximately CHF 1.2 billion, reaching around CHF 23 billion by 2030. By 2030, Swiss Prime Site aims for rental income of more than CHF 530 million and fee income of more than CHF 130 million. The company also wants to raise healthcare exposure to around 10% by 2030, currently at 7%.

Brief written by urgent.news from Investing.com's own syndicated text. Machine-written — may contain errors; check the original before relying on it.