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VIB Vermögen AG: 20 years, 100 commercial properties:

VIB Vermögen AG acquires retail property in Nördlingen

Neuburg/Danube (pta008/28.02.2014/07:30 UTC+1) February 28, 2014 - VIB Vermögen AG, a company specialising in commercial real estate portfolio management, has acquired a modern retail property in Nördlingen: "We founded VIB Vermögen AG around 20 years ago with the purchase of an industrial property in Neuburg/Danube. With the acquisition of our second retail property this year, we have now reached the 100 properties mark in our portfolio," is how Peter Schropp, Managing Board member responsible for real estate at VIB Vermögen AG, expressed his satisfaction.

Boasting favourable transportation connections, the property in Nördlingen comprises a rentable space of 8,580 m2, and is rented to BayWa Bau- und Gartenmärkte GmbH & Co. KG for more than 14 years. It was completed in 2013 and comprises an investment volume of EUR 9.1 million, on which it generates an attractive 7.2 percent rental yield. As with past investments, this purchase was also partly debt and partly equity financed, including the issue proceeds from the mandatory convertible bond.

"In addition to our own developments, with this new acquisition we are also focusing on targeted individual investments in our focal sectors of logistics and retail. The robust and sustainable financing of our entire portfolio forms a further pillar of our corporate performance and profitability," notes Holger Pilgenröther, CFO of VIB Vermögen AG, by way of explaining the secret of the success.

Contact

Investor Relations:

VIB Vermögen AG
Petra Riechert
Luitpoldstr. C70
86633 Neuburg/Donau
Phone: + 49 (0)8431 504-952
Fax: + 49 (0)8431 504-973
Email: petra.riechert@vib-ag.de

cometis AG
Ulrich Wiehle / Patrick Ortner
Unter den Eichen 7
65195 Wiesbaden
Phone: +49 (0)611 205855-16
Fax: +49 (0)611 205855-66
Email: ortner@cometis.de

Profile of VIB Vermögen AG (including BBI Immobilien AG)

VIB Vermögen AG is a medium-sized real estate holding company whose investments focus on commercial properties in Southern Germany. Formed as a partnership in 1993, VIB Vermögen AG was transformed to become a German public limited company (Aktiengesellschaft) in 2000. The company acts successful on the market for 20 years now. Since then, the company has been developing its core competencies in the acquisition and management of its own properties, and of participating interests in companies with real estate portfolios.
VIB Vermögen AG pursues a "develop-or-buy-and-hold" strategy. Next to the acquiring of existing real estate for the own portfolio both, project development and conception of properties are in the main focus. The VIB Group's real estate portfolio includes logistics properties, industrial plants, shopping centres and retail parks, and commercial and service centres.

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Emitter: VIB Vermögen AG
Luitpoldstraße C 70
86633 Neuburg an der Donau
Germany
Contact Person: Petra Riechert
Phone: +49 8431 504-952
E-Mail: petra.riechert@vib-ag.de
Website: www.vib-ag.de
ISIN(s): DE0002457512 (Share)
Stock Exchange(s): Free Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart
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