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EQS-News: VIB Vermögen AG / Key word(s): Real Estate
VIB Vermögen AG continues diversification strategy as announced
2024-06-28 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
VIB Vermögen AG continues diversification strategy as announced
. Expansion of the asset base to include further office properties
. Three properties in Mannheim, Frankfurt and Düsseldorf acquired from Branicks
Neuburg/Danube, June 28, 2024: VIB Vermögen AG ("VIB"), a company specializing in the development, acquisition and
management of commercial real estate, has acquired three further properties in the office asset class, thereby
continuing its strategy of diversifying its asset base. Properties in Mannheim, Frankfurt and Düsseldorf with a total
area of 38,280 square meters were acquired from Branicks Group AG ("Branicks") for a price of EUR 125.8 million.
VIB's strategic goal is to create a balanced asset base of high-quality commercial properties in the logistics and
office sectors in Germany and neighbouring countries.
"As already announced, VIB is pursuing a clear strategy of further diversifying the logistics and office asset classes.
The acquisition of three office properties serves this objective, as does the associated regional expansion into
western Germany," comments Dirk Oehme, CEO 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
2024-06-28 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com  
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: 1935151

End of News EQS News Service
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1935151 2024-06-28 CET/CEST

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END) Dow Jones Newswires

June 28, 2024 01:01 ET (05:01 GMT)