Ina Invest announces increased operational results and proposes a simplification of its structure

Ina Invest, a Swiss real estate company listed on the SIX Swiss Exchange, announced a notable increase in its operating profit for the 2023 financial year, despite a difficult market context. The company recorded EBIT (operating profit) excluding changes in market value at CHF 7.5 million, compared to CHF 3.3 million the previous year, mainly thanks to a 34% increase in its rental income to CHF 15.2 million.

The market value adjustment linked to higher interest rates resulted in a depreciation of CHF -16.3 million, or approximately 2% of the portfolio. The company also announced the proposed merger with its subsidiary Ina Invest Ltd, aimed at simplifying its structure at the Annual General Meeting scheduled for April 3, 2024.

Ina Invest is confident in its ability to achieve its medium-term objectives, with a portfolio exceeding CHF 2 billion and a return on equity (ROE) of more than 6%. The company also plans to distribute dividends to shareholders starting in the 2024 financial year.

Regarding sustainability, Ina Invest continues to distinguish itself with high scores in the GRESB benchmark, confirming its commitment to the development of a sustainable real estate portfolio in Switzerland.