Properties, which are fully owned by a Group company, are to be sold. The transfers of ownership will take place in the first quarter of 2017. One property consists of a single-family home, another property contains rental apartments and a business branch. The business branch will continue to be used on a leased agreement basis. It is assumed that the sale of the properties, which had a carrying value of CHF 0.8 million per 31 December 2016, will achieve a profit of around CHF 0.1 million.