Q3 2021 PSP Swiss Property AG Earnings Call (Q&A) Transcript

Nov 09, 2021 / 08:30AM GMT
Operator

Ladies and gentlemen, welcome to the PSP Swiss Property Q3 Results 2021 Conference Call. I'm Andre, the Chorus Call operator. (Operator Instructions) And the conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Mr. Giacomo Balzarini, CEO of PSP Swiss Property. Please go ahead, sir.

Giacomo Balzarini - PSP Swiss Property AG - CEO, CFO & Member of the Executive Board

Good morning to everybody, and welcome to this conference call on our Q3 results. As always, I really do a very short introduction on a high level, and then I would like to give back to you for Q&A.

As mentioned last time, we are all back in the office since June. We are, at the moment, confronted with quite stable rental market in the CBD of Zurich and Geneva. Geneva even better than originally expected. But I would say solid rent fundamentals both in CBD Zurich and Geneva. A bit a weaker CBD market in Basel, which was already highlighted in the half year. And I

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