VIB VERMÖGEN AG
DGAP-News: VIB Vermögen AG / Key word(s): Real Estate
VIB Vermögen AG leases logistics property in Ehningen with 9,100 m² and raises Group's occupancy rate to over 99% again
2021-06-17 / 07:30
The issuer is solely responsible for the content of this announcement.
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Corporate News
VIB Vermögen AG leases logistics property in Ehningen with 9,100 m² and raises Group's occupancy rate to over 99% again
Neuburg/Danube, June 17, 2021 - VIB Vermögen AG, a company specialising in the development, acquisition and maintenance
of commercial properties, has once again achieved an occupancy rate of more than 99% by letting its logistics property
in Ehningen.
The logistics property with 9,100 m² of rental space is located in Ehningen, south of the metropolitan area Stuttgart/
Böblingen, was acquired opportunistically as a vacant property. After the redevelopment phase, in which the property
was converted into a modern, future-proof logistics facility under sustainability and fire protection aspects, it has
now been let to an established logistics company for five and a half years from July 2021.
"With the property in Ehningen, we have once again successfully bridged the gap between purchase and project
development, thereby also demonstrating our expertise as a specialist for attractive and sustainable logistics
properties," explained Martin Pfandzelter, CEO of VIB Vermögen AG. "We have thus once again achieved an occupancy rate
of more than 99%, which allows us to look to the future with confidence."
VIB also relies on continuously expanded reporting when it comes to sustainability. As of today, following the second
EPRA sustainability report, the fourth sustainability report is now also available for download on the company's
website at www.vib-ag.de/en/sustainability.
Contact
Investor Relations:
VIB Vermögen AG
Petra Riechert Tel.: + 49 (0)8431 9077-952
Tilly-Park 1 Fax: + 49 (0)8431 9077-929
86633 Neuburg/Danube, Germany Email: petra.riechert@vib-ag.de
About VIB Vermögen AG
VIB Vermögen AG is a medium-sized company specialising in commercial real estate management that has been operating
successfully for 25 years. It focuses on properties from the logistics/light industry and retail sectors in the
economically strong southern German region. VIB's shares have been listed on the Munich (m:access) and Frankfurt (Open
Market) stock exchanges since 2005.
VIB's business model is based on a "develop-or-buy-and-hold" strategy. Firstly, VIB acquires properties that are
already rented. Secondly, it completely develops new properties in order to transfer them to its own portfolio on a
long-term basis and generate rental income from them. VIB also holds investments in companies with real estate assets.
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2021-06-17 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: VIB Vermögen AG
Tilly-Park 1
86633 Neuburg/Donau
Germany
Phone: +49 (0)8431 / 9077 952
Fax: +49 (0)8431 / 9077 973
E-mail: petra.riechert@vib-ag.de
Internet: www.vib-ag.de
ISIN: DE0002457512
WKN: 245751
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart,
Tradegate Exchange
EQS News ID: 1208852
End of News DGAP News Service
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https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1208852&application_name=news(END) Dow Jones Newswires
June 17, 2021 01:30 ET (05:30 GMT)
