Disused smartphones to control buildings
Hanmin Cai from the Swiss Federal Laboratories for Materials Science and Technology (Empa) is working on repurposing old smartphones for controlling building systems. This approach eliminates the need for CO2-intensive production of new computer chips for these
BKW reports second-best result in company history
BKW AG reports total revenue of just under CHF 4.6 billion and a net profit of CHF 432 million for the 2023 financial year. The Bern-based energy supplier has thus achieved the second-best result in its history. The energy business in particular contributed to
Revaluations reduce Fundamenta Real Estate’s profits
Fundamenta Real Estate reported a significantly lower net profit of 8.3 million francs in 2023 compared to the previous year. The background to this is impairments in the portfolio. Without these, net profit increased by 2.3 percent to 20.3 million
Changing investment strategies due to rising interest rates
The real estate market, previously considered a safe haven, is facing new challenges. Increasing environmental, social and governance (ESG) requirements, rising vacancy rates in office space, objection trends and the latest interest rate hikes are putting pressure on the asset class. These
Dormakaba increases profitability
Der starke Franken hat die weltweiten Umsätze von dormakaba in der ersten Hälfte des Geschäftsjahrs 2023/24 unter den Vorjahreswert gedrückt. Organisch konnte hingegen ein Umsatzwachstum verbucht werden. Zudem legte die Marge auf das bereinigte Betriebsergebnis deutlich
Thurgau government rejects property tax on second homes
Der Thurgauer Regierungsrat hat sich deutlich gegen die Einführung einer Objektsteuer für Zweitliegenschaften positioniert, ein Schritt, der die Unterstützung der Konferenz der kantonalen Finanzdirektoren (FDK) findet. Diese Entwicklung folgt auf eine parlamentarische Initiative, die einen
Residents of Eastern Switzerland would reduce living space
Nikola Vukovic and Raphael Dietrich analysed the housing market in Eastern Switzerland in their Master's thesis. According to the researchers at the OST - Eastern Switzerland University of Applied Sciences, many residents of Eastern Switzerland are willing to downsize their living space. However,
Analysis and outlook for construction prices
Im Jahr 2023 verzeichnete der Hochbau in der Schweiz einen moderaten Anstieg der Baupreise um 1.4 Prozent, wie aus dem vom Bundesamt für Statistik veröffentlichten Baupreisindex hervorgeht. Diese Entwicklung deutet auf eine Verlangsamung der zuvor beobachteten Preissteigerungen hin, obwohl die
Swiss economy optimistic about the future
The latest survey by the KOF Swiss Economic Institute at ETH Zurich shows a cooling of the business climate in the Swiss private sector at the start of 2024. Despite weak foreign demand and the strong Swiss franc, companies are cautiously optimistic about the next six
Revolutionary investment strategy for commercial rental deposits
Dr Peter Hilfiker, the former CEO of Schwyzer Kantonalbank, is turning the traditional handling of commercial rental deposits on its head. The aim of the company is to transform rental deposits into profitable investments without compromising security for
Part-time work has an impact on pensions and AHV financing
The increasing popularity of part-time work in Switzerland raises important questions regarding the impact on personal pension provision and the financing of the AHV. An analysis by UBS shows that part-time work poses significant challenges both for individuals and for the three-pillar
Stefan Walter new Director of FINMA
On 24 January 2024, the Federal Council confirmed Stefan Walter, currently Director General Horizontal Supervision at the European Central Bank, as the new Director of the Swiss Financial Market Supervisory Authority (FINMA). He will take up this position from 1 April 2024 and brings with him
Swiss Sustainable Finance offers property investors a guideline
Der Verband Swiss Sustainable Finance führt mit einer neuen Publikation in die Thematik der nachhaltigen Immobilieninvestments ein. Neben verschiedenen Orientierungshilfen bietet er auch eine mögliche Vorgehensweise für die Integration nachhaltiger Faktoren in Immobilienportfolios
Avobis sees positive trend in residential yield property for 2024
Avobis is forecasting a favourable market environment for residential investment properties in the coming year. Due to falling inflation, the property service provider expects lower interest rates and therefore more market liquidity in its Outlook
Fixed-rate mortgages overtake the former favourites
Die Schweizer Hypothekenlandschaft erlebt einen bemerkenswerten Wandel. Nach einer Zeit, in der variable Saron-Hypotheken die Gunst der Kunden eroberten, sind nun Festhypotheken wieder im Aufschwung. Angesichts der jüngsten Entwicklungen bei den Hypothekenzinsen gewinnen Festhypotheken an