Varia US Properties AG 2024 AR2

The report outlines Varia US Properties AG's financial and operational performance for the fiscal year 2024. Despite market challenges and elevated interest rates, the company increased its like-for-like rental income by 3.6% and improved its occupancy rate to 93.7%. Varia strategically disposed of four older properties, generating USD 104.2 million in gross proceeds, while continuing capital and ESG investments. In sustainability, the company achieved a 4-star GRESB rating with an improved score of 87/100 and completed its first solar panel installations.

Company: Varia US Properties AG

Sector: Real Estate

Country: Switzerland

Year: 2024

Type: AR2

Pages: 144

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Varia US Properties AG

Varia US Properties AG 2024 Annual Report

Annual Report

The report outlines Varia US Properties AG's financial and operational performance for the fiscal year 2024. Despite market challenges and elevated interest rates, the company increased its like-for-like rental income by 3.6% and improved its occupancy rate to 93.7%. Varia strategically disposed of four older properties, generating USD 104.2 million in gross proceeds, while continuing capital and ESG investments. In sustainability, the company achieved a 4-star GRESB rating with an improved score of 87/100 and completed its first solar panel installations.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Employees