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    VIH1   DE000A2YPDD0

VIB VERMÖGEN AG

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VIB Vermögen : Vermögen AG leases logistics property in Ehningen with 9,100 m² and raises Group's occupancy rate to over 99% again

06/17/2021 | 01:30am EDT

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

Disclaimer

VIB Vermögen AG published this content on 17 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 June 2021 05:29:05 UTC.


© Publicnow 2021
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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