PSP Swiss Property AG (XSWX:PSPN)
CHF 117.2 -0.2 (-0.17%) Market Cap: 5.38 Bil Enterprise Value: 7.23 Bil PE Ratio: 23.21 PB Ratio: 1.01 GF Score: 73/100

Q4 2018 PSP Swiss Property AG Earnings Call Transcript

Feb 26, 2019 / 02:00PM GMT
Release Date Price: CHF101.2
Operator

Ladies and gentlemen, welcome to the PSP Swiss Property Results 2018 Conference Call. I am Alessandro, the Chorus Call operator. (Operator Instructions) And the conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Mr. Giacomo Balzarini, CEO of PSP Swiss Property. Please go ahead, sir.

Giacomo Balzarini
PSP Swiss Property AG - CEO & Member of the Executive Board

Good afternoon to everybody, and welcome to the conference call on our results for the full year of 2018. I will refer to the presentation and the press release we published early this morning.

My presentation will be structured the following way. I will start with some general comments on the Swiss real estate markets and glance of the key component developments on Slides 4 to 5. Then I will review the key consolidated figures for the full year 2018 on Slides 7 to 10. I will address the development of the vacancy rate on Slides 14 and 15, followed by the expiry

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