Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. VIB Vermögen AG
  6. News
  7. Summary
    VIH1   DE000A2YPDD0

VIB VERMÖGEN AG

(VIH1)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

VIB Vermögen : Vermögen builds 11,000 square meters logistics hall in Nuremberg

11/17/2020 | 01:29am EDT

VIB Vermögen AG, a company specializing in the development, acquisition and portfolio management of commercial real estate, is expanding its property in Nuremberg, Beuthener Straße by around 11,000 square meters by developing its own logistics hall.

The Grundig Industrial Park, which is very attractive for logistics companies, is located in the centre of Nuremberg, the heart of the Nuremberg metropolitan region. When it was originally acquired in 2012, the site had a rentable area of around 85,000 square meters. Following
various extensions and the completion of the new hall, the total lettable area on the site will be almost 100,000 square meters. For the additional usable space of around 11,000 square meters, a long-term rental agreement has already been concluded with a tenant from the logistics sector with a good credit rating. The property will be handed over to the tenant at the end of this year.

'We are very pleased that this project development allows us to strengthen our presence in this attractive location in the Nuremberg metropolitan region, and that the completion of this project will allow us to further expand our logistics portfolio,' commented Martin Pfandzelter, CEO of VIB Vermögen AG.

Disclaimer

VIB Vermögen AG published this content on 17 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 November 2020 06:28:00 UTC


© Publicnow 2020
All news about VIB VERMÖGEN AG
08/11VIB VERMÖGEN : Vermögen with significant growth in revenues and earnings in the first half..
PU
08/11VIB Vermögen AG Announces Consolidated Earnings Results for the Half Year Ended June 30..
CI
08/11VIB VERMOEGEN : Vermögen AG with significant growth in revenues and earnings in the first ..
EQ
08/11PRESS RELEASE : VIB Vermögen AG with significant growth in revenues and earnings in the fi..
DJ
08/11VIB Vermögen Confirms the Outlook for the 2021 Financial Year
CI
07/28VIB VERMÖGEN : More than 30 percent of shareholders opt for the first-time offer of a stoc..
PU
07/28VIB VERMÖGEN AG : More than 30 percent of shareholders opt for the first-time offer of a s..
EQ
07/28PRESS RELEASE : VIB Vermögen AG: More than 30 percent of shareholders opt for the first-ti..
DJ
07/02VIB VERMÖGEN AG : Ex-dividend day for final dividend (optional)
FA
07/02VIB VERMÖGEN AG : Ex-dividend day for final dividend
FA
More news
Analyst Recommendations on VIB VERMÖGEN AG
More recommendations
Financials
Sales 2021 99,0 M 116 M 116 M
Net income 2021 67,1 M 78,7 M 78,7 M
Net Debt 2021 747 M 876 M 876 M
P/E ratio 2021 15,4x
Yield 2021 2,17%
Capitalization 1 030 M 1 206 M 1 207 M
EV / Sales 2021 18,0x
EV / Sales 2022 17,5x
Nbr of Employees 46
Free-Float 93,6%
Chart VIB VERMÖGEN AG
Duration : Period :
VIB Vermögen AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VIB VERMÖGEN AG
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 6
Last Close Price 37,35 €
Average target price 37,08 €
Spread / Average Target -0,71%
EPS Revisions
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