We show how finiteness properties of a group and a subgroup transfer to finiteness properties of the Schlichting completion relative to this subgroup.n Further, we provide a criterion when the dense embedding of a discrete group into the Schlichting completion relative to one of its subgroups induces an isomorphism in (continuous) cohomology. As an application, we show that the continuous cohomology of the Neretin group vanishes in all positive degrees.

We prove that the sign of the Euler characteristic of arithmetic groups with the congruence subgroup property is determined by the profinite completion. In contrast, we construct examples showing that this is not true for the Euler characteristic itself and that the sign of the Euler characteristic is not profinite among general residually finite groups of type F. Our methods imply similar results for $\ell^2$-torsion as well as a strong profiniteness statement for Novikov–Shubin invariants.

In this note we show that the members of a certain class of local similarity groups are ${l}^{2}$-invisible, i.e. the (non-reduced) group homology of the regular unitary representation vanishes in all degrees. This class contains groups of type ${F}_{\infty }$, e.g. Thompson’s group $V$ and Nekrashevych–Röver groups. They yield counterexamples to a generalized zero-in-the-spectrum conjecture for groups of type ${F}_{\infty }$.