Swiss Prime Company profile
About Swiss Prime Site AG
Swiss Prime Site AG is a Switzerland-based real estate investment company. The Company’s activities are structured into three segments: Real Estate, Retail and Gastronomy, and Assisted Living. The Real Estate segment focuses primarily on properties with office and retail floor space situated in prime locations. In addition, through its subsidiary Wincasa AG, the Company is involved in the provision of real estate services. The Retail and Gastronomy segment consists of primarily Jelmoli - The House of Brands department store and Clouds Restaurant in Prime Tower, Zurich. The Assisted Living segment comprises senior residences and geriatric care facilities provided by the subsidiary Tertianum Group.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Swiss Prime Site AG revenues decreased 7% to SF732.1M. Net income decreased 17% to SF507.4M. Revenues reflect Services Segment decrease of 20% to SF296.8M. Net income also reflects Net Operating Income (NOI), Total decrease of 6% to SF744.9M, Result from sale of participations, net decrease from SF204.2M (income) to SF0K. Dividend per share decreased from SF3.35 to SF1.68.
Equity composition
10/2005, Scrip Issue, 1 new share for every 4 shares held @ SWF 52.5. 07/2006, Capital repayment of CHF 2.8 and nominal value changed from CHF 31.5 to CHF 28.7. 07/2007, Capital Payment of CHF 3.1 and nomival value changed from CHF 28.7.11/2012, Rights Issue, 1 new share for every 10 shares held @ CHF64 (Factor: 1.01298).