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Last updated: 8 September 2026
This Disclaimer applies to the website varhor.com, the Varhor member area, dashboards, reports, data visualisations, market analyses, articles, insights, legal updates, downloads and other content made available under the Varhor brand.References to “Varhor”, “we”, “us” or “our” refer to the provider identified in the Imprint of this website.
1. General Information
Varhor provides independent market intelligence, research, data analysis and informational content.All information made available through Varhor is intended for general informational and research purposes only. While reasonable care is taken in the preparation and presentation of our content, information may be based on public records, official databases, third-party data, market information and other sources that may subsequently be corrected, updated or revised.Varhor does not guarantee that all information is complete, error-free, continuously available or current at all times.Users should independently verify information that is material to any commercial, financial, legal or investment decision.
2. No Investment, Financial, Legal or Tax Advice
Nothing published or made available by Varhor constitutes:
- investment advice
- financial advice
- legal advice
- tax advice
- accounting advice
- property valuation or appraisal advice
- brokerage or agency services
- or any other form of individually tailored professional advice.
Varhor does not assess the personal financial circumstances, investment objectives, risk tolerance or suitability of any investment for individual users.Nothing on Varhor constitutes an offer, solicitation, recommendation or invitation to purchase, sell, finance or invest in any property, security, financial instrument or other asset.Users remain solely responsible for their own decisions and should obtain independent professional advice where appropriate.
3. Real Estate and Investment Risk
Real estate markets and investments are subject to uncertainty and risk.Prices, rents, yields, transaction volumes, supply levels, financing conditions, regulatory frameworks, market demand and other relevant factors may change substantially over time.Historical performance, historical transaction data and previous market developments are not indicators or guarantees of future performance. Any examples, scenarios, calculations or market observations published by Varhor should therefore not be interpreted as promises, forecasts or guarantees of future returns, prices or investment outcomes.
4. Data Sources and Data Quality
Varhor may use information obtained from, among other sources:
- government authorities and public-sector databases
- official statistics and publications
- property and land registries
- regulatory authorities
- market participants
- developers;publicly available corporate information
- research institutions
- other third-party data providers and publications.
Source data may contain errors, omissions, duplicates, inconsistencies, classification differences, reporting delays or subsequent revisions.The availability, structure and methodology of third-party datasets may also change without notice.Varhor is not responsible for changes, inaccuracies or omissions originating from third-party source data. This does not affect liability that cannot lawfully be excluded or limited.
5. Varhor Calculations, Derived Metrics and Methodology
Certain figures presented by Varhor may not be directly published by the underlying data source.Varhor may calculate, aggregate, convert, normalise or otherwise derive metrics including, for example:
- average and median prices
- price per square foot
- transaction values
- transaction volumes
- rental metrics
- rental yields
- market shares
- percentage changes
- segment classifications
- ratios
- other statistical indicators.
Such calculations depend on the availability, quality, scope and classification of the underlying data.Different methodologies, filters, definitions, time periods or source datasets may produce different results.Where relevant, further information regarding the methodology used by Varhor is provided in our Methodology section or within the respective report.
6. Estimates, Forecasts and Forward-Looking Information
Varhor content may occasionally contain estimates, expectations, projections, scenarios or other forward-looking information.Such statements are inherently uncertain and may be affected by factors including economic conditions, interest rates, government policy, geopolitical developments, regulation, construction activity, demographic changes and market behaviour.Actual developments may differ materially from any estimate, scenario or expectation presented.Forward-looking information should therefore not be interpreted as a guarantee or assurance of future developments.
7. Legal and Regulatory Updates
Varhor may publish summaries, analyses or commentary concerning laws, regulations, government decisions and regulatory developments.Such content is provided solely for informational purposes and does not constitute legal advice or an authoritative interpretation of the law.Laws, regulations, administrative practices and judicial interpretations may change after publication.Where Varhor provides summaries or translations of legal or regulatory materials, the relevant official legal text and, where applicable, its authoritative language version take precedence.Users requiring legal guidance should consult a qualified lawyer or other appropriate professional adviser in the relevant jurisdiction.
8. No Official or Government Affiliation
The use of information, statistics, legislation or other material originating from government authorities or public institutions does not imply that Varhor is affiliated with, sponsored by, approved by or endorsed by those authorities or institutions.Unless expressly stated otherwise, Varhor operates independently.
9. Third-Party Content
Varhor may refer to, reproduce extracts from, analyse or otherwise use information originating from third parties where legally permitted.The inclusion of third-party information does not constitute an endorsement of the relevant company, organisation, product, service or viewpoint.Third-party content remains subject to the rights, terms and conditions of the respective rights holders.
10. External Links
Varhor may provide links to third-party websites or external resources for informational or reference purposes.Varhor does not control the content, security, availability, privacy practices or subsequent changes of third-party websites.The inclusion of an external link does not imply endorsement, sponsorship or approval of the linked website or its operator.If Varhor becomes aware of unlawful content associated with a linked resource, appropriate action will be taken where required by applicable law.
11. Website and Service Availability
Varhor aims to provide reliable access to its website and digital services but cannot guarantee uninterrupted or error-free availability.Temporary interruptions may occur as a result of maintenance, technical failures, internet infrastructure, third-party service providers, cybersecurity measures, updates or circumstances outside Varhor’s reasonable control.Nothing in this section limits statutory rights relating to paid digital services or digital products.
12. Limitation of Liability
Nothing in this Disclaimer excludes or limits liability where exclusion or limitation is prohibited by applicable law.Varhor shall remain liable without limitation:for damage caused intentionally or through gross negligence;for culpable injury to life, body or health;where Varhor has expressly assumed a guarantee;where liability arises under mandatory statutory provisions, including applicable product liability law; andin any other case in which liability may not legally be excluded or limited.In the event of slight negligence, Varhor shall be liable for the breach of an essential contractual obligation whose fulfilment is necessary for the proper performance of the relevant contract and on whose fulfilment the user may ordinarily rely. In such cases, liability shall be limited, to the extent legally permissible, to the damage that was foreseeable and typical for the relevant contractual relationship at the time the contract was concluded.Otherwise, liability for damage caused by slight negligence is excluded to the extent permitted by applicable law.The above limitations also apply, where legally permissible, to the personal liability of Varhor’s legal representatives, employees and agents.Mandatory statutory consumer rights remain unaffected.For paid subscriptions and other contractual services, the liability provisions contained in the applicable Terms and Conditions additionally apply.
13. Intellectual Property
Unless otherwise stated, original texts, reports, analyses, graphics, calculations, databases, layouts and other materials created by Varhor are protected to the extent provided by applicable intellectual property and copyright law.Unauthorised reproduction, distribution, publication, commercial exploitation or modification may be prohibited.Third-party data, trademarks, logos, publications and other protected materials remain the property of their respective owners.The inclusion or analysis of third-party material does not transfer ownership of such material to Varhor.
14. Changes and Corrections
Varhor may update, correct, supplement or remove content where information changes, new data becomes available or errors are identified.Publication dates and, where appropriate, update dates may be provided to help users assess the relevant time period of the information.Varhor is not obliged to maintain historical versions of all content indefinitely unless required by applicable law or contractual obligations.
15. Relationship with Other Legal Documents
This Disclaimer should be read together with Varhor’s:
- Terms and Conditions
- Privacy Policy
- Imprint
- Methodology, where applicable
- and any specific terms or notices accompanying individual products or services.
Where a specific contractual provision applicable to a paid service conflicts with this general Disclaimer, the applicable contractual provision shall prevail, subject to mandatory law.Statutory consumer rights and other rights that cannot legally be waived, excluded or restricted remain unaffected.