The SNB’s interest rate decision on 16 June has moved the Swiss real estate market. The interest rate hike is happening against a backdrop that is already challenging for the real estate industry (post-covid, Ukraine conflict and inflation with increased prices for building materials and raw materials).
As a major player in the Swiss real estate industry, Patrimonium is taking a close look at the situation and assesses it as follows:
After years of strong growth, we expect the growth of market value appraisals to slow (down) or stabilize. The low vacancy rates and the positioning in the low to mid-rent segments contribute to a positive development of Patrimonium’s portfolios.
As a private market investor, Patrimonium focuses its decisions on the long term.
Against this background, the following applies to Patrimonium:
Patrimonium’s climate investment plan aims to significantly reduce the CO2 emissions of the real estate portfolio by 2030 and 2050, and serves to maintain and increase the portfolio’s quality and value over time.
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