Mobimo starts 122 apartments, while Mobimo stock stands at EUR 359.25

Published on 10/15/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The Nordbau project is due for completion in the second half of 2028. Mobimo stock costs EUR 359.25 on October 15, 2026, with a CHF 2.5 billion market value.

Project timetable and targets

Mobimo held the Nordbau ground-breaking ceremony on October 8, 2026, covering 122 apartments.
The 2030 plan targets a CHF 4.50 billion portfolio and EPRA earnings per share of at least CHF 10.25.
Mobimo stock trades at EUR 359.25 at 1:30 p.m. CEST at Lang & Schwarz on October 15, 2026.

Mobimo, CH0011108872, Illustration mit AI erstellt.

Mobimo Holding AG (ISIN CH0011108872) is building 122 rental apartments in Aarau's Nordbau, while Mobimo stock stands at EUR 359.25 at Lang & Schwarz on October 15, 2026. EQS News reported on October 8, 2026, that the project had reached its ground-breaking stage. The apartments are scheduled for completion in the second half of 2028.

Three events shape the project story

The chronology shows how Mobimo's investment case has moved from targets to construction. On September 8, 2026, the company presented a 2030 strategy targeting a real estate portfolio of at least CHF 4.50 billion, compared with CHF 3.89 billion in fiscal year 2025, according to IT Boltwise. On September 16, 2026, Oddo BHF kept a Neutral rating and cut its target from CHF 398.00 to CHF 370.00, the same report said. The October 8 ground-breaking ceremony then added a physical milestone with 122 apartments.

What does the 2030 plan mean?

The answer lies in the link between portfolio growth and recurring earnings. Mobimo's plan calls for EPRA earnings per share of at least CHF 10.25 by 2030, plus CHF 17.00 million in additional rental income from completed projects. The strategy also projects annual net income of more than CHF 20.00 million from development projects and trading properties between 2026 and 2030, while planned trading properties are associated with CHF 600.00 million in revenue and a 16.00 percent gross margin, according to IT Boltwise.

Dates and construction milestones

The Nordbau timetable points to early 2028 for the start of letting and the second half of 2028 for completion and occupancy. Those dates give investors a concrete test for whether the strategic portfolio targets are translating into completed assets and rental income.

Stock price and market value

Mobimo's market value was CHF 2.5 billion on October 15, 2026, while the SIX quote's 52-week range was CHF 322.50 to CHF 406.00. The current euro indication therefore sits alongside a Swiss-franc valuation and range, which should be read as separate market measures.

Mobimo stock was trading at EUR 359.25 at Lang & Schwarz on October 15, 2026 at 1:30 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Mobimo stock.