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Novavest Real Estate AG ( (CH:NREN) ) has provided an update.
Novavest Real Estate AG reported a substantial increase in profit for the first half of 2025, with profits including revaluation success rising by over 150% to CHF 16.0 million. The company successfully reduced its vacancy rate to 2.3% and decreased its leverage ratio to 52.6%, highlighting the positive impact of its strategic merger with SenioResidenz AG. Novavest’s portfolio optimization involved selling five smaller properties, contributing to a profit of CHF 0.3 million. The company’s sustainability efforts include participating in the ESG-Benchmark Global Real Estate Sustainability Benchmark and evaluating properties with the Swiss Sustainable Real Estate Index. Despite global uncertainties, Novavest anticipates positive dynamics in the Swiss real estate market, particularly in the residential sector, and plans to leverage synergy opportunities from the merger to enhance rental income and efficiency.
The most recent analyst rating on (CH:NREN) stock is a Buy with a CHF43.00 price target. To see the full list of analyst forecasts on Novavest Real Estate AG stock, see the CH:NREN Stock Forecast page.
More about Novavest Real Estate AG
Novavest Real Estate AG is a company operating in the real estate industry, focusing on property management and investment. The company is listed on the SIX Swiss Exchange under the ticker NREN and has a significant presence in the Swiss real estate market.
Average Trading Volume: 6,053
Technical Sentiment Signal: Buy
Current Market Cap: CHF405.8M
For detailed information about NREN stock, go to TipRanks’ Stock Analysis page.