Allreal endeavours to achieve a return comparable to a direct investment in property for its shareholders, thus allowing them to participate in the company’s economic success. Up to 100% of the Real Estate division’s operating net profit is distributed to shareholders. For the 2020 financial year, the Board of Directors will propose a distribution of CHF 6.75 per share, corresponding to a distribution yield of 3.3%.
Since its flotation in 2000, Allreal has distributed a total of CHF 1.40 billion to shareholders.
Thanks to the careful handling of risk, sound financing and high earnings power, Allreal provides good conditions for sustainable, continuous growth in shareholder value.
Key operating and financial targets
|Return on equity excl. revaluation effect (annualised)||> 5%|
|Dividend payout policy – net profit within the Real Estate division||≤ 100%|
|Relative share performance – positive deviation from the SXI Real Estate Shares TR comparison index||> 0|
|Fixed interest rate period for financial liabilities||> 48 months|
|Weighted average unexpired lease term (WAULT)||> 48 months|
|Share of residential segment in total rental income|
|Gross margin third-party projects Projects & Development division||> 12%|
|Equity ratio||> 35%|
|Net gearing (ratio of net financial debt to equity)||< 150%|
|Interest coverage ratio|
|Debt relating to portfolio and development properties||< 70%|