Ad hoc announcement pursuant to Art. 53 LR

Ina Invest 2021 Half-Year Report: Successful first half with positive portfolio performance and ongoing projects on track

  • Ina Invest achieved operating earnings (EBIT) of CHF 3.1 million and a profit of CHF 2.9 million.
  • Value of the real estate portfolio increased by CHF 19 million to CHF 385 million.
  • 80% of the apartments in the Tender complex in Winterthur sold
  • Acquisition target for 2021 already exceeded
  • Ongoing projects under development and execution on track
  • Ambitious plans for growth

Zurich, 13 August 2021 - The Swiss real estate company Ina Invest reported positive results for the first half of 2021, which again exceeded expectations with EBIT of CHF 3.1 million and a net profit of CHF 2.9 million. Ina Invest has therefore built on its success last year and has again reported a profit from the revaluation of investment property of CHF 3.8 million. The value of the real estate portfolio has increased by CHF 19 million in total and now stands at CHF 385 million.

Exceeded acquisition target, successful sales and ongoing projects on track

In the first half, Ina Invest acquired and registered an additional property with a current market value of over CHF 60 million, annual rental income of CHF 2 million and development potential. As a result, Ina Invest has already exceeded its acquisition target for 2021. Title will be transferred in the second half of the year, the purchase has therefore not yet been recognised in the income statement for the first half.

The real estate projects currently underway, Tender and Elefant in Winterthur as well as Baselink in Allschwil, are on schedule. Marketing of the Tender complex in the Lokstadt area, which started with the first sales in 2020 has developed extremely successfully with further sales and reservations. Meanwhile, 31 out of 39 apartments have already been sold or reserved, which corresponds to 80% of the market value of the project. Completion is scheduled for the second quarter of 2023.

Ina Invest Holding Ltd. Binzmühlestrasse 11, 8050 Zurich, Switzerland

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The projects under development are also progressing as planned. The first stage of the urban competition for the site development on the Unterfeld in Baar, in which Ina Invest is involved with an innovative commercial building and a sustainable residential complex (stage 2), has been completed. The jury has also made its decision for the "Tivoli" project in Neuchâtel, with winning designs from Localarchitecture from Lausanne (construction site 2) and Lopez & Périnet-Marquet Architects from Geneva (construction site 4). A vibrant urban neighbourhood for young and old will be created on the former industrial site, featuring apartments, spaces to work and areas for restaurants, bars and culture. Both in real estate development and execution, Ina Invest has retained its lean operating structure so that it can act rapidly and agilely. Close partnerships such as the collaboration with Implenia are another factor in the company's success.

Ambitious plans for growth

In addition to developing its existing portfolio, Ina Invest is pursuing its ambitious plans for growth and although it has already achieved its target for acquisitions for 2021, it will be examining attractive, value-generating opportunities for acquisitions in the next half-year. People are always at the heart of what we do: With sustainable, hybrid real estate, Ina Invest is creating high-quality and inspiring spaces for them to live, work and relax in. In this way, the company aims to actively shape tomorrow's environmentally conscious, cross-generational living and encourage social diversity.

The 2021 Half-YearReport can be found at:https://report.ina-invest.com/en/2021-hy

Online participation in the media and analysts conference on 13 August 2021 at 09:00: https://www.webcast-eqs.com/inainvest20210813

Contact for investors and analysts

Marc Pointet, CEO

T +41 44 552 97 17 investors@ina-invest.com

Contact for the Media Corporate Communications T +41 44 552 97 27communications@ina-invest.com

Ina Invest Holding Ltd.

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Ina Invest is a Swiss real estate company created through the spin-off of half of the Implenia development portfolio. Ina Invest will develop the existing portfolio to build on existing properties, but will also continue to make further acquisitions to maintain an above-average development ratio. Real estate throughout Switzerland is generally of high quality in terms of location and can also be used in a variety of ways, with a focus on residential property. Ina Invest plans to further invest in and grow its portfolio. Through its transparent collaboration with Implenia, Ina Invest benefits from the expertise of the leading Swiss construction and real estate service provider. Ina Invest achieves the highest sustainability standards in the development and management of its portfolio by taking a holistic approach to sustainability across all parts of the value chain. The company is listed on the SIX Swiss Exchange (INA, CH0524026959). Further information available at ina-invest.com.

Ina Invest Holding Ltd.

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Ina Invest Holding AG published this content on 13 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 August 2021 14:33:11 UTC.