VIB Vermögen AG: VIB Vermögen AG transfers MAN service station and invests in another one

Neuburg/Danube (pta006/19.11.2013/07:30 UTC+1) November 19, 2013 - VIB Vermögen AG, a company specialising in commercial real estate portfolio management, is expanding its real estate portfolio to include two MAN service stations. The service station in Neuss, where building commenced in March this year, was transferred to its tenant yesterday. The property, which comprises a total investment volume of around EUR 9.8 million, will generate a 7.6 % rental yield. The rental contract runs for 20 years, and the rentable space amounts to around 5,100 m2.

A plot of land has been acquired for a further service station in Freiburg. This project is planned to be completed by the fourth quarter of 2014. The investment volume for this property amounts to around EUR 6.7 million and will also generate a 7.6 % yield. The rentable space amounts to approximately 3,000 m2 and the related rental agreements have been concluded for a period of 20 years.

Ludwig Schlosser, CEO of VIB Vermögen AG, explains these investments: "Long-standing customer relationships are very important to us, which is why we continue to grow along with our tenants. The fact that the financing of these properties was rapidly placed with local regional banks demonstrates the fact that our company enjoys a very good standing among lending institutions."

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