The latest update is out from Fundamenta Real Estate AG ( (CH:FREN) ).
Fundamenta Real Estate AG reported a successful 2024 business year with a significant increase in net profit and a proposed dividend rise. The company achieved a 2.0% increase in net actual rental income and a low vacancy rate of 1.3%. The sale of four properties above book value contributed to a sales success of CHF 4.8 million, while energy intensity and CO₂ emissions were notably reduced. The strategic focus on active portfolio management and sustainability has strengthened the company’s market position and financial resilience, ensuring stable earning power in a challenging market environment.
More about Fundamenta Real Estate AG
Fundamenta Real Estate AG is a real estate stock corporation listed on the SIX Swiss Exchange, focusing on residential real estate in German-speaking Switzerland. The company aims to create sustainable value for investors by offering marketable spaces with minimal environmental impact, utilizing an interdisciplinary team and integral asset management approach.
YTD Price Performance: 0.89%
Average Trading Volume: 10,263
Current Market Cap: CHF509.6M
Learn more about FREN stock on TipRanks’ Stock Analysis page.
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