Capital Markets Day 101 0 Kommentare Mobimo offers deeper insights into key projects and pipeline - Seite 2

Condominium projects: a large number in the pipeline

In addition to the condominium project already under construction in Oberägeri (“Edenblick”), four further projects are currently planned up until the end of 2026. Jörg Brunner, CFO, explains, that Mobimo’s accounting policy is based on the percentage of completion methodology. Therefore, income and profits from condominium projects will be spread over the next few years. Provided that the projects are realised on time. Delays in obtaining building permits or in the progress of construction or sales can lead to postponements to later years. Mobimo is currently estimating that the current pipeline can be financed without additional equity.

Marco Tondel, Head of Development & Chief Sustainability Officer (CSO), will show Mobimo’s approach to grey energy in construction projects, using the example of the successful conversion project on Talwiesenstrasse (“Tiergarten”) in Zurich to explain. Christoph Egli, Head of Property Management, will present how Mobimo has been able to achieve significant efficiency gains thanks to the digitalisation of property management.

Medium-term outlook: positive developments expected

Daniel Ducrey will give a generally favourable outlook for the future. He says, “Until the end of the 2026 financial year, we are currently assuming average growth in rental income of around 2% p.a., driven by the projects currently in the pipeline for the investment portfolio. Provided that the condominium projects run as planned, slightly higher contributions from the development business can be expected over the next few years. On a multi-year average, we consider an annual profit contribution of slightly over CHF 20 million to be realistic.” Despite the recent fall in interest rates, Mobimo anticipates that financing costs will rise over the next few years. “Mobimo will continue to pursue an attractive dividend policy,” says Ducrey.

Under guidance from Vinzenz Manser, Head of Realisation, the Capital Markets Day will be rounded off with a tour of two Mobimo residential construction projects in Zurich that were completed last year.