Switzerland

Swiss Real Estate Sentiment Index 

The «KPMG Swiss Real Estate Sentiment Index» serves as an advance indicator for anticipated developments in the Swiss real estate investment market. Over 220 institutional and professional investors as well as appraisers of Swiss investment real estate took part in this representative survey. The index is used to measure the expectations of market players regarding developments over the next twelve months, on a scale from -200 to +200 index points. The index is compiled on an annual basis.
Main index
Price development
Availability
Index points
200 100 0 -100 -200
sign. increasing expectations mod. increasing expectations mod. falling expectations sign. falling expectations
Appraisers
Developers
Real estate investment funds
Real estate companies
Professional investors
Insurers
Pension funds
All participants
Aggregate index
21.1 2.4 31.1 31.1 -17.5 25.2 19.4 14.8
Economic conditions
-48.3 -54.8 -27.6 -44.4 -50.0 -7.1 -60.0 -45.2
Price development
38.5 16.7 45.8 50.0 -9.4 33.3 39.3 29.8
Central locations
104.0 79.2 104.0 109.4 56.3 116.7 96.6 92.7
Medium sized towns
12.0 20.8 24.0 18.8 -21.9 41.7 27.6 14.5
Peripheral locations
-100.0 -62.5 -68.0 -90.6 -78.1 -75.0 -65.5 -77.7
Residential
100.0 50.0 104.0 62.5 51.6 108.3 69.0 74.3
Office
-92.3 -133.3 -68.0 -84.4 -87.5 -16.7 -75.0 -84.4
Retail
-80.0 -87.5 -56.0 -62.5 -87.1 -41.7 -75.9 -72.5
Commercial/Industrial
-65.4 -58.3 -40.0 -68.8 -100.0 -50.0 -44.4 -63.5
Special Purpose Property
4.8 4.5 14.3 4.2 -32.0 -30.0 -4.3 -4.1
Basel
58.3 19.0 43.5 44.4 9.7 50.0 32.0 35.0
Berne
16.7 4.8 50.0 3.8 -12.9 25.0 19.2 13.4
Geneva
29.2 40.0 41.7 -3.7 -17.9 8.3 0.0 12.3
Lausanne
20.8 20.0 37.5 3.7 -10.3 41.7 37.0 19.0
Lugano
-45.5 -10.0 9.5 -50.0 -51.9 0.0 -17.4 -26.7
Lucerne/Zug
34.8 23.8 33.3 26.9 -6.5 66.7 50.0 28.8
St. Gallen
4.2 0.0 -4.3 -24.0 -32.3 -8.3 -3.8 -11.1
Zurich
80.0 27.3 79.2 61.3 34.4 91.7 80.8 62.2
Zurich Region
72.0 18.2 70.8 68.8 28.1 91.7 69.2 57.2
Central Switzerland
20.8 4.5 13.0 18.5 -3.2 66.7 30.8 17.6
Northwest Switzerland
12.5 -23.8 9.1 11.1 -31.3 8.3 11.5 -1.8
Espace Midland
-4.2 -38.1 -12.5 -24.0 -45.2 -33.3 -15.4 -24.5
Lake Geneva
37.5 10.0 33.3 3.6 -10.3 41.7 14.8 15.9
South Switzerland
-54.4 -52.4 -13.6 -52.2 -48.1 -9.1 -26.1 -38.9
East Switzerland
0.0 -14.3 -8.7 -7.4 -28.1 8.3 -11.5 -10.9
Residential
-157.7 -134.8 -148.0 -131.3 -138.7 -125.0 -113.8 -136.0
Office
7.7 78.3 -25.0 34.4 38.7 0.0 21.4 24.4
Retail
-12.0 13.0 -36.4 -3.4 -17.2 8.3 -7.7 -9.0
Commercial
12.0 30.4 -27.3 29.0 10.3 -9.1 0.0 9.1
Special Purpose Property
-50.0 -38.1 -55.6 -4.8 -50.0 -40.0 -31.6 -38.2

Real Estate

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Property holdings for companies and investors, particularly from abroad, are becoming increasingly important.

Swiss Real Estate Sentiment Index - Survey Results 2015

Teaser Image
The KPMG Swiss Real Estate Sentiment Index serves as an advance indicator for anticipated developments in the Swiss real estate investment market.