PSP Swiss Property Increases EBITDA Guidance for 2026

PSP Swiss Property AG announced the sale of its Richtipark development in Wallisellen, leading to an increased EBITDA forecast for 2026. The company now anticipates an EBITDA of CHF 335 million, up from the previous CHF 310 million estimate. This adjustment is due to a CHF 40 million contribution from the Richtipark sale, countered by a CHF 15 million reduction from a postponed development sale. No additional property sales are planned for 2026.

Richtipark, consisting of four plots and five commercial buildings on 27,000 m², was sold to La Foncière Urban Development S.A. for CHF 150 million. Earn-out payments of up to CHF 24.75 million are also agreed upon, subject to specific conditions. The overall real estate portfolio’s vacancy rate remains at 3.5% for year-end 2026.