VIB Vermögen AG: VIB Vermögen AG further expands portfolio

Neuburg/ Danube (pta006/18.02.2015/07:30 UTC+1) -
- Purchase of retail park in Neu-Ulm
- Transfer of fourth MAN service station (Freiburg-Umkirch) to portfolio
- EUR 22.3 million total investment

Neuburg/Danube, February 18, 2015 - VIB Vermögen AG, a company specialising in commercial real estate management, is continuing on its growth path with the purchase of a retail park in Neu-Ulm, located in Germany's Swabia region, and the transfer to its portfolio of a MAN service station that it has developed itself.

Situated favourably in relation to transportation connections, and within a highly frequented commercial zone at the twin centre of Ulm/Neu-Ulm that straddles two German federal states, the property in Neu-Ulm is 100 % rented to companies with high credit ratings, most of which have already operated for many years at the property. Rental contracts have been newly negotiated for 15-year periods for two thirds of the rental area. The park's remaining areas are also predominantly rented on a long-term basis. Significant parts of the property have been completely modernised and remodelled. The total rental area amounts to 18,740 sqm, and will generate an approximately 7.6 % rental return on a EUR 14.8 million investment.

"Our latest acquisition fully aligns with our strategy. This location is very well established on the market and has a very good visibility in the strong economic region of Southern Germany. Given the long-term rental contracts, this retail park fits ideally into our portfolio," is how Martin Pfandzelter, VIB Vermögen Managing Board member with responsibility for the real estate area, comments on the company's first purchase in 2015. "Our portfolio now comprises a total area of around 947,000 sqm. Our extensive network allows us to continue to realise attractive purchases during periods of strong demand for commercial property."

VIB Vermögen also transferred its fourth MAN service station, located in Freiburg-Umkirch, to its portfolio in early February. VIB Vermögen developed this property itself. The service station has been generating rental income since February 1, 2015, yielding a 7.4 % rental return. The total investment stands at EUR 7.5 million, and the rental contract carries a duration of 20 years.

Both projects comprise a total volume of EUR 22.3 million, and form part of the investment pipeline that was the basis for issuing the 2014/2016 mandatory convertible bond in December of last year.

Contact

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
Mark Appoh / Ulrich Wiehle
Unter den Eichen 7
65195 Wiesbaden
Phone: +49 (0)611 205855-21
Fax: +49 (0)611 205855-66
Email: appoh@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 centers and retail parks, and commercial and service centers.

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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