Apartment building prices rise, office property prices stagnate
Market prices for multi-family homes continue to rise
Keystone-SDA
Select your language
Generated with artificial intelligence.
Listening: Apartment building prices rise, office property prices stagnate
Market prices for investment properties in Switzerland varied in the second quarter of 2024. Prices for apartment buildings continued to rise, while prices for office properties remained stagnant.
This content was published on
2 minutes
Keystone-SDA
Deutsch
de
Marktpreise für Mehrfamilienhäuser steigen weiter
Original
Compared to the second quarter of 2023, prices for apartment buildings rose by 4.0%, according to the Zurich-based consulting and research company Fahrländer Partner Raumentwicklung (FPRE). Compared to the previous quarter, prices increased by 1.3%. Although the prices are still 10.0% below the peak of the first quarter of 2022, the price recovery continues.
In contrast, office property prices largely stagnated in the second quarter of 2024, with a minimal decline of 0.2% compared to the previous quarter. However, prices rose by 4.0% compared to the same quarter of the previous year.
The price trend for multi-family houses was upward in most regions compared to the previous quarter, with the most significant increase in Eastern Switzerland (+2.0%), followed by Basel and the Alpine region (+1.7% each), and Jura (+1.5%). Prices only stagnated in southern Switzerland (-0.3%).
The market for office properties developed differently across regions. Prices rose sharply in Lake Geneva (+4.3%), Basel (+2.6%), and Central Switzerland (+1.9%). However, there were declines in Southern Switzerland (-4.9%), Zurich (-2.6%), and Eastern Switzerland (-0.5%).
Translated from German by DeepL/amva
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.
Popular Stories
More
Banking & Fintech
UBS releases ‘hundreds’ of staff in fresh wave of job cuts
Should Switzerland take measures to support its struggling industries?
Industrial policies are back in fashion, not only in the United States but also in the EU. Should Switzerland, where various industries are struggling, draw inspiration from such policies?
Over 6,000 Swiss companies go bankrupt but start-ups see growth
This content was published on
Switzerland recorded a spike in bankruptcies last year, but there was also a rise in new start-ups. Trends varied significantly by region and sector.
Basel greenlights funding for Eurovision Village 2025
This content was published on
MCH Group Ltd. is set to receive CHF1 million ($1.1 million) for the Eurovision Village at the Eurovision Song Contest 2025 in Basel.
Geneva researchers discover potential for targeted cancer drug delivery
This content was published on
Researchers in Geneva have discovered how some bacteria inject dangerous enzymes into cells, potentially enabling targeted drug delivery to cancer cells.
Macron denies involvement in Nestlé Waters scandal
This content was published on
French President Emmanuel Macron denied any “agreement” or “collusion” with the Swiss company Nestlé over the bottled water scandal on Tuesday.
UBS has cut 10,000 jobs since Credit Suisse takeover in 2023
This content was published on
UBS Group has cut more than 10,000 roles since it bought Credit Suisse, marking a milestone in the lender’s efforts to integrate its former rival.
Swiss multinational SGS to move HQ from Geneva to Zug
This content was published on
The Swiss multinational SGS, the world’s leading testing, inspection and certification company, plans to move its headquarters from Geneva to canton Zug in central Switzerland.
Swiss army takes part in international tank competition
This content was published on
Around 20 Swiss army personnel and two Leopard 2 tanks are taking part in an international tank competition in Grafenwöhr, Germany, this week.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.