Details of the share and distribution to shareholders

In 2019, an overall performance of 29.9% was achieved with the Allreal share, based on the market price at 31 December 2018. This performance comprises theincrease in the share price (25.7%) and the distribution to shareholders (4.2%).

In the past three years, investors obtained an annualised overall performance of 12.7% (2017), –3.3% (2018) and 29.9% (2019) with the Allreal share, corresponding to an average constant return of 13.9% p. a.

On 31 December 2019, the Allreal Group’s market capitalisation stood at CHF 3,058.6 million. As at the balance sheet date, consolidated equity came to CHF 2,368.5 million, resulting in a premium (difference between the market price and equity per share) of 29.1% (31.12.2018: 9.6%).

The Board of Directors will propose to the annual general meeting of 24 April 2020 a higher distribution of CHF 6.75 per share.

The distribution amounts to 90.5% of the Real Estate division’s net profit excluding revaluation effect, corresponding to a cash yield of 3.5% based on the closing price of the share on 31 December 2019.