B. Real estate companies

Art. 77
Definition

¹ In the context of the Listing Rules, real estate companies are companies which continually draw at least two-thirds of their revenues from real estate-related activities, specifically from rental income, income from revaluations or sales, and from real estate services.

² If the criteria laid down in Art. 77 para. 1 can no longer be fulfilled for more than two consecutive financial years, the Regulatory Board may reallocate the issuer concerned to a different regulatory standard.

³ Collective investment schemes that hold a licence or authorisation under CISA do not fall within the scope of this definition.

See also:

• Federal Act of 23 June 2006 on Collective Investment Schemes (Collective Investment Schemes Act, CISA)