Varia US Properties AG reports today that it collected 96% of its budgeted total income for the month of April 2020.

Patrick Richard, Executive Member of the Board of Directors of Varia, commented: “This collection rate is above our expectations and demonstrates that the Company is well equipped to face these complicated times. The credit is to our Asset Management team and our Property Managers who implemented very quickly the proper measures and protocols to establish a safe working and living environment and who supported the residents in difficulties. Executing our mission allowed us to achieve these very good results across our portfolio so far.

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