BFW Liegenschaften AG reported earnings results for the first half of 2016. For the period, the company reported total operating income of CHF 9,941,000 compared to CHF 9,429,000 a year ago. EBIT was CHF 17,471,000 compared to CHF 12,461,000 a year ago. Earnings including effects from changes in fair value of real estate investments/deferred taxes were CHF 5,970,000 compared to CHF 6,959,000 a year ago. Loss excluding effects from changes in fair value of real estate investments/deferred taxes was CHF 2,604,000 compared to earnings of CHF 2,128,000 a year ago. Earnings excluding fair value adjustments of interest rate swaps/deferred taxes were CHF 12,553,000 compared to CHF 8,492,000 a year ago.

For the second half of 2016, the company expects to achieve similar operating results at the EBIT level (excluding effects from changes in fair value of real estate investments) like in the first half-year 2016.