VIB Vermögen AG is expanding its development pipeline by acquiring a land plot in Meitingen in the Augsburg metropolitan region. Building rights have been granted for the plot in Erding by now. The property in Meitingen, with a size of around 63,000 sqm, is very attractively located in terms of infrastructure and therefore offers very good opportunities for the establishment of various industries. It already has an existing development plan which, among other things, provides for 24/7 use. The planning for the development of the site provides for a very flexible design, with a total of around 25,300 sqm of lettable space. VIB Vermögen has now received the building permit for the plot in Erding with a total size of around 215,000 sqm by resolution of the city of Erding. A lettable area of around 86,000 sqm will be created on the site, which will be suitable for different types of use, whereby the focus of commercial use will be in the area of light industry.