VIB Vermögen : with successful follow-up leasing in three properties from the retail and logistics sectors

VIB Vermögen AG, a company specializing in the development, acquisition and portfolio management of commercial real estate, has concluded rental agreements for a total of 16,000 sqm in properties in Ingolstadt, Nuremberg and Regensburg.

In the Donau City Center in Ingolstadt, 2,200 square meters of retail space have been leased on a long-term basis to two tenants with strong credit ratings. Until the end of 2021 the site will be used as a vaccination center.

In Nuremberg, an existing space of around 3,500 sqm was leased to a renowned fitness chain for a term of 10 years. This space will be used by the current tenant until the end of the year and then converted for the new purpose.

For a logistics property in Regensburg with an area of 10,250 sqm, a lease agreement was concluded with a regional logistics company for a term of 10 years.

"We are delighted that we have been able to seamlessly follow up leases for space that has become available in both the retail and logistics sectors," said Martin Pfandzelter, CEO of VIB Vermögen AG. "In this regard, we can both draw on our existing tenants and acquire new tenants as business partners."