VIB Vermögen AG: VIB Vermögen AG strengthens its logistics portfolio

Neuburg/Danube (pta006/11.06.2013/07:30 UTC+2) June 11, 2013 - VIB Vermögen AG, a company specialising in commercial real estate portfolio management, has strengthened its commercial real estate portfolio to include two logistics properties as part of a share deal (94.98 % interest). Both properties in Erlangen together comprise a rental space of 63,000 m2 and are already rented for 10 years. The investment volume totals around EUR 58 million and the rental return amounts to 7.25 %. The company plans to transfer their properties to its portfolio as of July 1, 2013. The transaction is being financed by EUR 41 million of bank loans carrying an interest rate of below 3 % with the residual amount being financed by equity.

Peter Schropp, Managing Board member responsible for real estate at VIB Vermögen AG, expressed his pleasure at these new acquisitions: "Given constant growth in international goods flows, we regard the logistics area as one of the most promising future markets. The rental income from these two properties, which are rented for several years to first-class logistics companies, enables us to broaden our earnings base."

Contact

Investor Relations:

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

cometis AG
Ulrich Wiehle / Patrick Ortner
Unter den Eichen 7
65195 Wiesbaden
Tel: +49 (0)611 205855-16
Fax: +49 (0)611 205855-66
E-mail: 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. 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