Ina Invest Ltd

INA

Equity

ISIN CH0524026959 / Valor 52402695

SIX Swiss Exchange (2024-12-23)

CHF 21.50%

Ina Invest Ltd
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About company

Ina Invest Holding Ltd is an independent Swiss real estate company that focuses on developing sustainable and flexible spaces for residential and commercial purposes. As a spin-off from Implenia, the company has a significant development portfolio in the Swiss market and aims to build a high-quality asset portfolio from the projects transferred from its parent company. Ina Invest plans to continue acquiring new properties to sustain growth and maintain a strong development ratio. The company benefits from transparent cooperation with Implenia, a leading Swiss construction company, to leverage expertise in construction and construction services.

Summarized from source with an LLMView SourceSector: Finance

Increased Rental Income

Ina Invest Ltd reported a significant increase in rental income for the financial year 2023. The rental income rose by 34% to CHF 15.2 million, compared to CHF 11.3 million in the previous year. This increase was primarily driven by the completion of various projects, which contributed to the higher rental income.

Operating Result (EBIT)

Ina Invest Ltd achieved an operating result (EBIT) excluding changes in market value of CHF 7.5 million in 2023, up from CHF 3.3 million in the previous year. However, after accounting for negative, non-cash changes in market value of CHF -16.3 million due to higher interest rates, the overall EBIT was CHF -8.8 million.

Net Result

The net result for Ina Invest Ltd in 2023 was CHF -11.2 million. This was influenced by the negative changes in market value of investment properties, which were impacted by the general market trend and higher interest rates.

Real Estate Portfolio Value

The market value of Ina Invest Ltd's real estate portfolio stood at CHF 836 million at the end of 2023. The completion of projects such as "HolidayInn Express & Suites" in Allschwil and "Elefant" in Winterthur significantly contributed to this valuation, along with the successful re-letting of "Garage Grüssen" in Pratteln.

Equity and Assets

Ina Invest Ltd reported total assets of CHF 855.7 million and equity of CHF 414.1 million as of the end of 2023. The equity ratio, including minorities, was 48.39%, and the return on equity was -2.72%, reflecting the challenging market conditions and the impact of higher interest rates on property valuations.

Summarized from source with an LLMView Source

Key figures

21.5%1Y

13.8%3Y

%5Y

Performance

20.0%1Y

15.2%3Y

15.6%5Y

Volatility