Varia US Properties AG
BBX:VAU12.99
CHF
+0.28
(+2.17%)
ISIN
CH0305285295
Return %
Stock
S&P 500
1Y
-27.78
14.20
3Y
-65.14
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Jaume Sabater Martos
- Full Time Employees
- 6
- Sector
- Finance
- Industry
- Real estate development
- Address
- Gubelstrasse 19 Zug ZH Switzerland 6300
- IPO Date
- Dec 8, 2016
- Website
- variausproperties.com
- Similar Companies
- Business
- Varia US Properties AG (Ticker: VARN.SW; 0RKW.L) is a Switzerland-based real estate investment company that acquires, holds, repositions, manages, and sells multifamily housing properties exclusively in the United States, with a primary focus on low-moderate income and workforce housing in secondary and tertiary markets within metropolitan regions. The company's portfolio includes investment properties generating rental income through value-adding measures such as refurbishments, renovations, and operational enhancements, as well as properties benefiting from Low Income Housing Tax Credits (LIHTC); it maintains a diversified footprint across multiple U.S. states, encompassing approximately USD 1.143 billion in like-for-like real estate value as of June 30, 2025. Varia US Properties outsources asset management to Stoneweg SA (now referenced via Stoneweg US executives), leveraging their expertise in U.S. multifamily operations. Founded in 2015 and headquartered at Gubelstrasse 19 in Zug, Switzerland, the company targets stable markets with population and employment growth to secure rental income and long-term value appreciation. In recent developments, Varia US Properties reported significant progress in the first half of 2025, including nearly doubled total income, like-for-like rental income growth, a net operating profit, an 80% reduction in net loss, and a net gain on property revaluations for the first time since Q3 2022; the company also executed strategic dispositions of non-core, older-vintage assets to enhance portfolio quality, reduce operational costs, and exit competitive markets, resulting in a 4.3% portfolio value decrease but 1.1% like-for-like growth. Further advancements in 2025 include improved occupancy rates, initiation of BREEAM certifications, four ENERGY STAR performance certifications, and pursuit of IREM Certified Sustainable Property designations to access sustainable financing and boost asset attractiveness. Through the third quarter of 2025, total income rose 22% year-over-year to USD 91.9 million for the nine-month period, with like-for-like rental income up 3.5% to USD 71.4 million.