Varia Us Properties Ag · SIX:VARN
Varia Us Properties — H1 2026 Earnings Presentation
15 slides from Varia Us Properties's earnings presentation, Aug 31, 2026
Slide 1: H1 Results 2026
H1 Results 2026 31 August 2026
Slide 2: Important Notice
Important Notice This presentation includes forward-looking information and statements, including statements concerning the outlook for our business. These statements are based on current expectations, estimates and projections about the factors that may affect our future performance, including the
Slide 3: Agenda
Agenda 1. H1 2026 Key Achievements 2. H1 2026 Financials 3. H1 2026 Portfolio Update 4. Outlook 3
Slide 4: H1 2026 Key Achievements (1/3)
H1 2026 Key Achievements (1/3) Resilient result despite market headwinds • Total income was at USD 44.1 Mio. (H1 2025: 65.9 Mio.) • Rental income “like for like”¹ consistent at USD 37.6 Mio. • Net loss on revaluation of properties: USD 5.2 Mio. (H1 2025: Net gain of USD 6.4 Mio.) • Operating profit
Slide 5: Key Achievements (2/3) Financials
H1 2026 Key Achievements (2/3) Financials 5
Slide 6: Key Achievements (3/3) Financials
H1 2026 Key Achievements (3/3) Financials 6
Slide 7: Consolidated Statements of Profit or Loss
Consolidated Statements of Profit or Loss 7
Slide 8: Consolidated Statement of Financial Position (1/2)
Consolidated Statement of Financial Position (1/2) 8
Slide 9: Consolidated Statement of Financial Position (2/2)
Consolidated Statement of Financial Position (2/2) 9
Slide 10: Portfolio Update (1/3) Overview as of June 2026
H1 2026 Portfolio Update (1/3) Overview as of 30 June 2026 • Portfolio value of USD 891.6 million • 17 properties • 5,273 units • 8 different States in the US • Well positioned in markets where population and job growth are strong 10
Slide 11: Portfolio Update (2/3) Key Figures
H1 2026 Portfolio Update (2/3) Key Figures 11
Slide 12: Portfolio Update (3/3)
H1 2026 Portfolio Update (3/3) • No investment properties were acquired and five were disposed during the first half of 2026: 12
Slide 13: Outlook (1/2)
Outlook (1/2) • Varia US enters the second half of 2026 well positioned to pursue its next phase of growth. With the elimination of all corporate level debt, the Company can focus its attention and resources toward enhancing the performance and long-term growth profile of the portfolio. • At the sam
Slide 14: Outlook (2/2)
Outlook (2/2) • Operationally, Varia US plans to increase select value-add capital projects during the second half of the year to enhance the quality of the portfolio and prepare for future asset sales. • These investments will be targeted toward improvements that maintain competitiveness and suppor
Slide 15: Information for Shareholders
Information for Shareholders Investor Information Contact Listing: SIX Swiss Exchange Juerg Staehelin, IRF Currency: USD Investor Relations / Corporate Communications Ticker symbol: VARN Phone: +41 43 244 81 51 ISIN: CH 030 528 529 5 E-mail: investors@variausproperties.com Listing date: December 8,