EN - 24 May 2018, Varia announces today ongoing successful business development in the first quarter 2018 - full deployment of new equity raised in capital increase in January 2018
(WorldNews Switzerland)

Media release Zug, 24 May 2018 Varia announces today ongoing successful business development in the first quarter 2018 - full deployment of new equity raised in capital increase in January 2018 o Swift investment of new capital raised with four acquisitions for USD 81.5 million - two more properties under contract o Non-controlling interests transfer of the former Peak Capital Partners portfolio near completion o Increase of Effective Gross Income from USD 12.7 million to USD 18.7 million o Net Operating Income up from USD 7.0 million to USD 10.2 million The main focus of Varia US Properties in the first quarter 2018 was on further acquisitions as well as on the transfer of the...