Allreal Holding AG 2019 AR2
The report outlines Allreal's outstanding financial performance for the 2019 financial year, highlighting a record net profit of CHF 234.8 million including revaluation effects. The company's Real Estate division delivered strong results, with rental income increasing to CHF 204.4 million and a low vacancy rate of 2.2 percent. The Projects & Development division doubled its operating result to CHF 24.1 million, supported by a stable gross margin in third-party business and higher profits from development real estate sales. Additionally, Allreal announced its transition from IFRS to Swiss GAAP FER accounting standards starting in 2020.
Company: Allreal Holding AG
Sector: Real estate
Country: Switzerland
Year: 2019
Type: AR2
Pages: 170
Allreal Holding AG
The report outlines Allreal's outstanding financial performance for the 2019 financial year, highlighting a record net profit of CHF 234.8 million including revaluation effects. The company's Real Estate division delivered strong results, with rental income increasing to CHF 204.4 million and a low vacancy rate of 2.2 percent. The Projects & Development division doubled its operating result to CHF 24.1 million, supported by a stable gross margin in third-party business and higher profits from development real estate sales. Additionally, Allreal announced its transition from IFRS to Swiss GAAP FER accounting standards starting in 2020.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees