Investments
![Varde reduces its stake in Trastor REIC Varde reduces its stake in Trastor REIC](/media/blog/TRASTOR_KAZINOS.jpeg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
The percentage of voting rights held directly by WRED LLC and indirectly by Värde Partners, Inc. and Värde Partners, L.P., reduced to 52.07%.
![BriQ Properties first half net profits stand at € 1.07 million BriQ Properties first half net profits stand at € 1.07 million](/media/blog/BRIQ_4.jpeg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
The reduction of rental income for 2020 due to the COVID-19 pandemic is estimated to amount to approximately € 626 thousand.