Dear Sir or Madam

A challenging year in many respects is coming to an end. With a great deal of effort and the necessary resilience of our business model, we achieved numerous milestones and were able to position ourselves even more stronger for the future. An important contribution to this was made by further focusing our first-class real estate portfolio. Many of our stakeholders were able to experience this first hand at the Capital Markets Day in Basel. In the development business, the year was dominated by highlights relating the projects Maaglive, JED Campus and BERN 131. We were also thinking intensely about questions such as how real estate companies can develop in the metaverse or how we can operate our business even more sustainably. This is precisely why we are proud of the awards we recently received in this area.

As the largest listed real estate company in Switzerland, the promotion of our youth is close to our hearts. That is why we have been sponsoring YES Young Enterprise Switzerland for several years now and, with our Christmas donation this year, we are supporting the Check your Chance organization, which offers unemployed young people a perspective.

We would like to thank you for the great work together, hope you have an exciting read and we wish you happy holidays!