Shareholders of Swiss Prime Site AG approved all proposals presented by the Board of Directors by a large majority at the company's Annual General Meeting. The approvals encompass the annual financial statements, dividend distribution, non-financial reporting, compensation authorizations, and the re-election of the board, signaling strong investor confidence in the company's leadership and strategic direction.
The Annual Financial Statements for 2025 received formal approval. Shareholders also endorsed the proposed dividend distribution of CHF 3.50 gross per registered share entitled to dividends, equivalent to CHF 2.888 net per share. This dividend consists of two components: an ordinary dividend from retained earnings of CHF 1.75 gross per share and a withholding tax-free distribution from capital reserves of CHF 1.75 per share. The payment is scheduled for March 31, 2026, with shares trading ex-dividend starting March 27, 2026.
In consultative votes, the meeting endorsed both the report on non-financial matters and the 2025 compensation report. Furthermore, shareholders approved the total compensation for 2026 for the Board of Directors and the Group Executive Board in separate binding votes, formalizing the remuneration framework for the coming year.
All members of the Board of Directors were re-elected for a term lasting until the 2027 Annual General Meeting. The re-elected members are Ton Buchner, Reto Conrad, Barbara A. Knoflach, Gabrielle Nater-Bass, Thomas Studhalter, Detlef Trefzger, and Brigitte Walter. Ton Buchner was re-elected as Chairman of the Board. Additionally, Barbara A. Knoflach, Gabrielle Nater-Bass, and Detlef Trefzger were re-elected to the Nomination and Compensation Committee.
The approvals carry significant implications for stakeholders and the real estate sector. The dividend distribution of CHF 3.50 per share represents a direct return to shareholders, potentially enhancing investor attractiveness and reflecting the company's financial health. Swiss Prime Site, as Switzerland's largest real estate company with a portfolio valued at around CHF 28 billion, plays a pivotal role in the European commercial real estate market. Its portfolio includes owned properties valued at nearly CHF 14 billion, focusing on office, retail, and infrastructure in prime locations within Zurich, Geneva, and Basel. The asset management division, Swiss Prime Site Solutions, manages over CHF 14 billion in assets through funds and advisory mandates, primarily in Swiss and German residential and commercial properties.
The re-election of the entire Board of Directors ensures leadership continuity, which is crucial for maintaining the company's strategic focus on portfolio management, development, and growth prospects. This stability supports the company's reputation for high earnings continuity and an excellent risk/return profile. The endorsement of non-financial and compensation reports aligns with increasing investor emphasis on corporate governance and sustainability practices. The next Ordinary General Meeting is anticipated for March 11, 2027. For more details, the original release is available on www.newmediawire.com.
