VIB Vermögen AG realizes value

EQS-News: VIB Vermögen AG / Key word(s): Real Estate
VIB Vermögen AG realizes value

01.07.2024 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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VIB Vermögen AG realizes value

  * 12 logistics properties in NRW, Saxony and southern Germany sold to P3
    Logistic Parks

* Clear evidence that the transaction market is picking up again

  * Consistent step for strategic further development of diversified
    portfolio as commercial real estate portfolio holder

* Realization of value appreciation successfully implemented


Neuburg/Donau, July 1, 2024. VIB Vermögen AG ("VIB"), a company specializing
in the development, acquisition and management of commercial real estate,
today announces the sale of a package of 12 logistics properties from its
portfolio to P3 Logistic Parks. Closing is planned in stages over the coming
weeks. The parties have agreed not to disclose the purchase price.

The sale is a further step in the diversification strategy and realignment
of VIB's portfolio with the aim of positioning it as a balanced portfolio
holder of commercial properties with a focus on logistics and offices in
Germany and neighbouring countries. The sale demonstrates the successful
implementation of the 360-degree strategy and realizes the increase in value
of the properties.

The properties are warehouse/logistics properties from VIB's Commercial
Portfolio, with a fully let total rental area of around 260,000 sqm in
Bavaria and Baden-Württemberg, as well as one property each in North
Rhine-Westphalia and Saxony.

"The package deal is a perfect contribution to the strategic development of
VIB. It underlines our ambition to regularly improve our portfolio and to
realize value appreciation in due course. This transaction demonstrates this
impressively," commented Dirk Oehme, Speaker of the Managing Board of VIB
Vermögen AG.

Contact

VIB Vermögen AG
Investor Relations:
Tilly-Park 1
86633 Neuburg/Donau
Tel.: + 49 (0)8431 9077-961
Fax: + 49 (0)8431 9077-1961
E-Mail: anja.landes-schell@vib-ag.de

About VIB Vermögen AG
VIB Vermögen AG is a medium-sized company specializing in the development,
acquisition and management of modern and sustainably profitable commercial
real estate, which has been operating successfully on the market for more
than 30 years. The focus is on real estate in the logistics, light
industrial and office asset classes. VIB shares have been listed on the
Munich (m:access) and Frankfurt (Open Market) stock exchanges since 2005.

In addition to direct acquisitions, VIB's broad-based business model also
includes the complete spectrum of in-house developments and redensification
as part of a 360-degree approach: On the one hand, VIB Vermögen AG acquires
properties that are already let, and on the other hand it develops new
properties from scratch in order to incorporate them into its own portfolio
on a permanent basis and generate rental income from them. At the same time,
sales are part of the overall strategy. In addition, VIB offers
comprehensive real estate management services and solutions for
institutional investors and holds interests in companies with real estate
assets.

More information at www.vib-ag.de


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01.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        VIB Vermögen AG
                   Tilly-Park 1
                   86633 Neuburg/Donau
                   Germany
   Phone:          +49 (0)8431 / 9077 961
   Fax:            +49 (0)8431 / 9077 1961
   E-mail:         anja.landes-schell@vib-ag.de
   Internet:       www.vib-ag.de
   ISIN:           DE000A2YPDD0
   WKN:            A2YPDD
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt, Hamburg, Munich (m:access), Stuttgart,
                   Tradegate Exchange
   EQS News ID:    1936151

End of News EQS News Service
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1936151 01.07.2024 CET/CEST