VIB Vermögen AG: VIB Vermögen AG develops modern logistics centre at Interpark in the Ingolstadt metropolitan region

Neuburg/Danube (pta007/23.09.2014/07:30 UTC+2) - Investment volume of EUR 34 million, attractive rental yield of 8.7 %
- Completion planned for Q3 2015
- One third of space already rented to logistics company with high credit standing
- Continuation of successful business with company's own developments

Neuburg/Danube, September 23, 2014 - VIB Vermögen AG, a company specialising in commercial real estate portfolio management, is continuing to focus on its successful business with its own developments, and is further expanding its real estate portfolio in the high-growth logistics area.

VIB Vermögen AG is currently developing a modern logistics centre at the Interpark (north of Ingolstadt), one of Southern Germany's most important commercial parks. The property is set to be completed in the third quarter 2015, and comprises a land space of approximately 95,000 sqm. The building area will amount to around 52,000 sqm once the project has been completed. The investment costs stand at approximately EUR 34 million, and the prospective rental yield on the entire property amounts to approximately 8.7 %. VIB has already signed a rental agreement for around one third of the rental space with a medium-sized logistics company with high credit standing, and further rental contracts are being negotiated currently.

Ludwig Schlosser, CEO of VIB Vermögen AG, explains the background to the investment: "An ever greater scarcity of suitable commercial properties is facing growing demand from the economy in Southern Germany. Consequently, we are positioning ourselves as a strong partner with our own developments, particularly for the logistics growth sector. We are continuing to pursue this strategy with this property at the Interpark, which is enabling us to create the basis for further revenue and earnings growth over the coming business years."

Over and beyond this project, VIB Vermögen AG has already invested around EUR 38 million in promising real estate during the 2014 fiscal year. As already announced, the company acquired a retail centre in Bischberg-Trosdorf (near to Bamberg) and a retail property in Nördlingen at the start of the year. Another project the company has developed is also about to be completed: a MAN service station in Freiburg im Breisgau.

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 / Mark Appoh
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 proper-ties 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.

(end)

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