)

Novavest Real Estate (NREN) investor relations material
Novavest Real Estate H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved strong H1 2025 results with significant profit growth, driven by operational improvements, portfolio optimization, and the strategic value of the 2024 merger with SenioResidenz AG, focusing on 'housing for young and old'.
Net profit including revaluations reached CHF 16.0 million; operating profit excluding revaluations was CHF 12.7 million.
Vacancy rate reduced to 2.3%, with increased rental income and a residential share of rental income rising to 60%.
Five smaller properties sold in H1 2025, generating a sales profit of CHF 0.3 million and supporting portfolio streamlining and leverage reduction.
Major residential projects in Basel and Oberburg completed, increasing rental potential and supporting portfolio repositioning.
Financial highlights
Rental income for H1 2025 was CHF 21.2 million, up 2.8% like-for-like versus pro forma H1 2024, despite property disposals.
EBIT reached CHF 21.5 million (H1 2024 pro forma: CHF 11.7 million).
Net asset value per share at CHF 41.79, up from CHF 41.61 at year-end 2024.
Portfolio value at CHF 1,004.2 million, down 3% from year-end due to sales and revaluations.
Net yield stable at 3.5%; equity ratio improved to 41.6%.
Outlook and guidance
Focus remains on core business, leveraging merger synergies, portfolio optimization, and efficiency gains.
Plans to use excess liquidity for further loan-to-value reduction or share buybacks.
Commitment to attractive dividend policy and further reduction of greenhouse gas emissions.
Expects positive momentum in Swiss real estate for 2025, especially in residential, despite global uncertainties.
Swiss National Bank reduced key interest rate to 0% by mid-2025; inflation forecast at 0.2% for 2025.
Next Novavest Real Estate earnings date

Next Novavest Real Estate earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage