Varia US Properties forms USD 693.9 million multifamily joint venture with Brookfield

14. Aug 2026

Description

(AWP Alliance News) - Varia US Properties AG signed a definitive agreement with Brookfield Asset Management affiliates to place 13 of its 17 U.S. multifamily properties into a newly formed USD 693.9 million two-vehicle joint venture. The deal includes up to USD 200 million of equity capital for future acquisitions to support a shift toward a higher-quality portfolio.

The 13 properties total 4,112 units across nine U.S. states. Four properties will remain wholly owned and consolidated outside the joint venture.

https://www.prnewswire.co.uk/news-releases/swi-group-announces-new-stra…

Disclaimer: This news brief was created using generative artificial intelligence. Varia US Properties AG published the original content used to generate this news brief via PR Newswire on August 14, 2026, and is solely responsible for the information contained therein.