Giacomo Balzarini

Chief Executive Officer & CFO, Psp Swiss Property

Search every verified Giacomo Balzarini interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Giacomo Balzarini, CEO and CFO of PSP Swiss Property, spoke at an Alony Hetz event on July 20, 2020. He described the company's financial approach as "numbers driven" and focused on "predictability and credibility." Balzarini noted that PSP Swiss Property had increased its dividend to 342-350 as a sign of confidence, and he stated it was "difficult to imagine" that the company could not continue on that path over the next three to five years. He attributed the company's stock performance partly to market uncertainty, saying PSP Swiss Property is "seen as a place to hide as a safe haven" due to its performance during the 2007-2009 financial crisis. Balzarini reported that the company's portfolio was valued at 7.7 billion and that its vacancy rate had decreased from historical levels of 10-12 percent. He described the company's shareholder base as "very international," with 50% of investors being foreign. On the topic of co-working, Balzarini said the trend was "creeping up" in Switzerland but was not as strong as in other major cities, noting that Swiss companies "like to have their own offices" and that large co-working providers face challenges finding suitable spaces.