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Novavest Real Estate AG ( (CH:NREN) ) just unveiled an announcement.
Novavest Real Estate AG reported a significant increase in its half-year results for 2025, driven by profitable property sales and a revaluation gain. The company’s real estate portfolio value reached CHF 1,004.2 million, with a 60% residential share of target rental income. Rental income rose by 1%, and the operating result before interest and taxes increased to CHF 21.5 million. The expected profit for the period, including revaluations, is CHF 16.0 million, reflecting strong financial performance and strategic portfolio optimization.
More about Novavest Real Estate AG
Novavest Real Estate AG is a Swiss company based in Zurich, specializing in the management and development of properties primarily for residential use, senior residences, care facilities, and commercial purposes. The company focuses on properties located in urban or accessible areas throughout Switzerland, with a strategic emphasis on residential rental income making up at least 50% of its total target rental income. Novavest’s shares are listed on the SIX Swiss Exchange.
Average Trading Volume: 4,838
Technical Sentiment Signal: Buy
Current Market Cap: CHF393.6M
Find detailed analytics on NREN stock on TipRanks’ Stock Analysis page.