EPIC Suisse releases high level Q3 2024 numbers in line with majority shareholder's reporting obligations

EPIC Suisse AG (the “Company” and “EPIC”, the consolidated group; SIX: EPIC), publishes today highlevel figures1 for the period 1 January 2024 to 30 September 2024 in parallel with its indirect majority shareholder, Alrov Properties & Lodgings Ltd (the “Alrov Group”):
 
▪ Fair value of the portfolio as at 30 September 2024 totals CHF 1.591 billion split into Investment properties in operation at CHF 1’451 million (31 Dec 2023: CHF 1’441 million) and Investment
properties under development / construction at CHF 140 million (31 Dec 2023: CHF 94 million)
▪ Total income (defined as rental income and other income) for Investment properties in operation for the 9-month period 2024 amounts to CHF 50.5 million (9-months 2023: CHF 50.4 million)
▪ Total bank debt as at 30 September 2024 is CHF 655 million (31 Dec 2023: CHF 610 million)
▪ The IFRS NAV stands at CHF 802 million as at 30 September 2024 (31 Dec 2023: CHF 805 million)
 
 
Financial calendar
Annual Report 2024:                                                                                          5 March 2025
Annual General Meeting of Shareholders 2025:                                                28 March 2025
 
Contact information
Valérie Scholtes
CFO, EPIC Suisse AG
Phone: +41 44 388 81 00
E-mail: investors@epic.ch