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VIB VERMÖGEN AG

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VIB Vermögen : Vermögen AG again wins EPRA Gold Awards in 2021 for sustainability and financial reporting in 2020

09/28/2021 | 01:32am EDT

VIB Vermögen AG, a company specializing in the development, acquisition and portfolio management of commercial properties, was again honored with the EPRA Awards in the Gold category at the EPRA Conference for its Annual Report and Sustainability Report 2020.

EPRA (European Public Real Estate Association), the association of listed real estate companies, presents the awards with the aim of encouraging companies in the real estate sector to be more transparent and open with regard to their financial and sustainability reporting.

This is the fourth Gold Award in a row for the financial report, and the second in a row for the sustainability report, after the company also published a report in the sustainability category for the first time last year, it has achieved the Gold Award at the first attempt. Since the evaluation criteria are adapted or expanded by EPRA every year, each award means that VIB also meets these growing requirements of the Gold Standard.

"We are very pleased that we have once again received awards in both categories this year, the financial as well as the sustainability reporting," commented Holger Pilgenröther, CFO of VIB Vermögen AG. "For us, this is confirmation by independent experts that we have been reporting transparently and comprehensively about our company for several years."

Disclaimer

VIB Vermögen AG published this content on 28 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 September 2021 05:31:06 UTC.


© Publicnow 2021
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Sales 2021 99,0 M 115 M 115 M
Net income 2021 67,1 M 78,2 M 78,2 M
Net Debt 2021 747 M 870 M 870 M
P/E ratio 2021 16,5x
Yield 2021 2,03%
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Last Close Price 39,95 €
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Managers and Directors
Martin Pfandzelter CEO & Chairman-Management Board
Holger Pilgenröther Chief Financial Officer
Ludwig Schlosser Chairman-Supervisory Board
Peter Njuguna Chief Information Officer
Henry Karanja Head-Compliance