Varia US Properties looks back on a successful half-year 2025 where it achieved significant increases and improvements in various financial and portfolio indicators. In particular, these include an almost doubled total income, a growth in rental income "like for like", reaching a net operating profit, and an almost 80% lower net loss for the reporting period. In addition, the Company achieved for the first time since Q3 2022 a net gain on the revaluation of its properties. Furthermore, Varia US has continued to increase its occupancy rate and recorded a stable portfolio value.
These strong results were achieved despite challenging market conditions, particularly around capital markets and transaction liquidity. However, the Company's long-term conviction in the fundamentals of multifamily housing remains intact, supported by persistent demand, structural undersupply and affordability constraints in the for-sale housing market.
Matthew Levy, Managing Director US of Stoneweg, the external asset manager of Varia US Properties, commented: "The increased rental income underpins our strategy to continuously improve our portfolio quality. We will pursue this strategy along with the continued rotation of any non-strategic properties within the portfolio. This creates a strong position to benefit immediately as the overall US multifamily market rebounds."
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