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SIX Swiss Exchange · Real Estate

Invest in Varia US Properties stock from India

Indian and foreign residents can buy Varia US Properties (VARN) shares directly through Paasa.

By Paasa · Updated

Varia US Properties at a glance

Price
CHF 12.50-CHF 0.10 (0.79%)
Market cap
CHF 126.58M
Day range
CHF 12.30 – CHF 12.55
P/E
-3.90
Dividend yield
None
Volume
1.13K
1 month
-6.37%
6 months
-30.56%
YTD
-35.90%
1 year
-40.19%
5 years
-68.91%

Live chart and statistics

Varia US Properties statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$98.3M$108.6M$124.0M$143.5M$121.0M
Gross profit$65.8M$61.5M$70.2M$143.5M$121.0M
Operating income$36.8M$13.5M−$125.5M$197.6M$237.1M
Net income−$31.8M−$17.5M−$139.0M$122.6M$156.0M
Earnings per share−$3.14−$1.73−$13.73$12.10$15.41
EBITDA−$3.9M$18.1M−$133.3M$196.0M$234.5M
Total assets$1.1B$1.3B$1.4B$1.8B$1.5B
Total debt$583.4M$769.5M$868.4M$1.0B$868.8M
Cash and short-term investments$22.3M$45.1M$46.8M$77.4M$80.4M
Shareholders' equity$323.1M$355.8M$397.3M$608.9M$514.3M
Operating cash flow$28.8M$54.2M$38.2M$38.8M$44.1M
Free cash flow$19.6M$20.3M$1.4M$10.5M$26.1M
Capital expenditure−$9.3M−$33.9M−$36.8M−$28.4M−$18.0M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
PlazzaPLAN.SWCHF 425.00CHF 879.75M
Warteck InvestWARN.SWCHF 1,920.00CHF 594.00M
Fundamenta Real EstateFREN.SWCHF 16.75CHF 572.56M
Novavest Real EstateNREN.SWCHF 38.50CHF 391.58M
SF Urban PropertiesSFPN.SWCHF 102.00CHF 341.94M
Peach PropertyPEAN.SWCHF 4.83CHF 268.70M
Züblin ImmobilienZUBN.SWCHF 51.00CHF 169.10M
Compagnie Internationale pour la CommunicationCIE.SWCHF 0.21CHF 166.46K

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Varia US Properties from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CHF when you buy.

  3. Step 3

    Search VARN and buy

    Find Varia US Properties by name or by its ticker, VARN, and place your order.

Why invest in Varia US Properties from India

What Varia US Properties does

Headquartered in Zug, Switzerland, and established in 2015, Varia US Properties AG operates as an investment firm specializing in real estate. Its core activities involve the acquisition, retention, and eventual sale of properties across the United States, with a particular focus on multifamily housing assets designed for individuals and families in the low-to-moderate income brackets and the broader workforce. Varia US Properties operates in the Real Estate - Services industry within the Real Estate sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy Varia US Properties stock from India?

Yes. Indian residents and NRIs can buy Varia US Properties (VARN) shares directly through Paasa. Varia US Properties is listed on the SIX Swiss Exchange, in the Real Estate - Services industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

What tax do I pay in India when I sell Varia US Properties shares?

In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CHF/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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