VARIA U.S. PROPERTIES AG


VARIA U.S. PROPERTIES AG

Swiss Company investing exclusively in US multifamily housing. Focus on assets for medium/low income population in markets with employment growth and limited offer. Optimize operating performance through proactive asset management. Asset Manager: Stoneweg SA, advisor and asset manager in international real estate with CHF 600 M. CHF 100 M equity raised end of 2015. Target IRR: 15% ; Property CF Yield: 8-10 % p.a. Use of local partners with strong experience in the multifamily housing, backed by local team from Stoneweg. Third phase of capital increase. End of year listing in the Zurich Stock Exchange.

COMPANY STRUCTURE

  • Managed by Stoneweg S.A. (SW) a Swiss baded firm Majority of the Board members are Swiss. 2 seats for institutionalinvestors
  • KPMG Geneva as auditor
  • Baker & McKenzie acted as advisor on setup of legal structure and is legal and tax advisor
  • DLA Piper is the real estate legal counsel
  • BDO is the accounting firm for Varia US Properties AG
  • Portfolio will be valued yearly by external appraisal firm Colliers

INVESTMENT OPPORTUNITY

  • Unique buying opportunity in a growing economy & recovering real state market
  • IRR between 15% to 25% within 3-4 years
  • Extensive Market knowledge & experience + Joint Ventures with local partners
  • Focused and experienced team combining RE expertise and finance background
  • Independent real estate asset manager working with local partners
  • Stoneweg team secured over $150M through deep market knowledge and network