6 Earnings from sale of investment real estate
CHF million | 1st half-year | 1st half-year | ||
Proceeds from sale | – | 100.4 | ||
Transaction costs on sale | – | –1.6 | ||
Balance sheet value = market value on 31.12. of the previous year | – | –93.2 | ||
Earnings from sale of investment real estate | – | 5.6 |
In the first half of 2016, the sale of four properties produced earnings of CHF 5.6 million.