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Press Release Ad Hoc

Patrimonium Urban Opportunity Ltd. delivers solid operating performance in the first half of 2026 and announces a capital increase

10.09.26

Ad-hoc announcement pursuant to clause 16 of the BX Swiss Listing Rules

  • Operating result before revaluation rose by 10.9% to CHF 4.4 million
  • Value of investment properties increased to more than CHF 290 million
  • NAV per share increased by 3.8% over the last six months to CHF 3.30
  • A capital increase within the existing capital band will be carried out in Q4/2026

Crissier, 10.09.2026: Patrimonium Urban Opportunity Ltd. (BX SWISS: PATRI) publishes its 2026 half-year report for the period ended 30 June 2026 and reports a solid operating performance. Despite slightly lower income, disciplined cost management resulted in higher net operating income.

Operating income slightly decreased (-2.1%), from CHF 7 million in the first half of 2025 to CHF 6.85 million in this reporting period, mainly due to a rental contract termination in relation with an upcoming development project.

Property expenses decreased by 29.9% to CHF 1.33 million (vs. 1.90 million in the first half of 2025). The decrease mainly reflected lower maintenance costs.

As a result, net operating income increased by 8.2% to CHF 5.52 million (vs. CHF 5.10 million in the same period last year). Operating result before revaluation rose by 10.9% to CHF 4.37 million (vs. CHF 3.94 million in the first half of 2025).

Profit for the period amounted to CHF 4.57 million, compared with CHF 5.00 million in the first half of 2025, primarily reflecting lower positive revaluation effects.

Portfolio value and NAV continue to grow

The value of the property portfolio increased by CHF 11.1 million to CHF 290.5 million as of 30 June 2026 (vs. CHF 279.4 million at year-end 2025). The increase comprised CHF 9.4 million of capitalized construction costs, mainly in connection with the construction site in Bussigny, and CHF 1.8 million of positive revaluations. No acquisitions or disposals were completed during the reporting period.

Bank loans amounted to CHF 141.4 million as of 30 June 2026, compared with CHF 135.7 million at year-end 2025. The weighted average interest rate decreased to 1.68% (down from 1.73% at the end of 2025), while the average debt maturity stood at 3.09 years.

Net asset value reached CHF 125.76 million as of 30 June 2026, up from CHF 121.18 million at the end of 2025. NAV per share reached CHF 3.30, up 3.8% from CHF 3.18 as of 31 December 2025.

Development projects progressing as planned

The vacancy rate remained broadly stable at 9.8%, while the weighted average unexpired lease term (WAULT) stood at 4.13 years.

The construction of the Bussigny College extension continued according to schedule and within the approved project budget, with completion scheduled for end of April 2027. The development project in Urdorf has made significant progress through the administrative process during the reporting period.

Capital increase

In order to strengthen the Company’s equity coverage, the Board of Directors has decided to carry out a capital increase within the existing capital band during the fourth quarter of 2026. The maximum number of new shares to be issued will be 3’810’127 registered shares at CHF 1.00 nominal value each, which corresponds to 10% of the shares already issued. Ten subscription rights will entitle their holder to subscribe for one new share. The issue price per new share will amount to CHF 3.00. All detailed information will be contained in the subscription form that will be circulated to the registered shareholders at the beginning of October.

“The 10.9% increase in the operating result before revaluation demonstrates the portfolio’s resilient performance and the effectiveness of our disciplined cost management. Our project pipeline is progressing, while we continue improving the occupancy across the portfolio,” says Hanspeter Berchtold, CIO Real Estate at Patrimonium Asset Management AG.

Patrimonium Urban Opportunity Ltd. is listed on BX Swiss under the ticker PATRI. The 2026 Semi-Annual Report is available here (“documents”). The Company operates exclusively in the Swiss real estate market and prepares its financial statements in accordance with Swiss GAAP FER.

Contacts

Christoph Syz
Delegate of the Board of Directors
Patrimonium Urban Opportunity Ltd.
T : 058 787 00 00
E : investor@patrimonium.ch

François Hutter
Media Relations
Patrimonium Asset Management
T : 058 787 00 08
E : media@patrimonium.ch

Patrimonium Urban Opportunity Ltd.
Patrimonium Urban Opportunity Ltd. is a Swiss real estate company listed on the BX Swiss AG (BX: PATRI, ISIN: CH1141117965). The company pursues an active and selective acquisition and development strategy that focuses on targeted real estate opportunities in attractive macro and micro locations in urban areas. The portfolio comprises investment properties in the most important economic centers in Switzerland (Geneva, Lausanne and Zurich) and aims to buy, sell, let and manage properties in Switzerland.

Patrimonium Asset Management AG
Patrimonium Asset Management AG (“Patrimonium”) is a fund management company authorised by the Swiss Financial Market Supervisory Authority (FINMA), specialised in private markets. Patrimonium offers investment opportunities in real estate, private credit, private equity and infrastructure to qualified and professional investors. Patrimonium manages CHF 5.5 bn in assets (06.2026) with 70 professionals with offices in Lausanne, Zurich and Zug. www.patrimonium.ch

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