VIB Vermögen AG
ISIN: DE000A2YPDD0
WKN: A2YPDD
07 November 2024 07:00AM

EQS-News: VIB Vermögen AG acquires two office properties and further expands its portfolio mix

VIB Vermögen AG · ISIN: DE000A2YPDD0 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2024243

EQS-News: VIB Vermögen AG / Key word(s): Real Estate/Acquisition
VIB Vermögen AG acquires two office properties and further expands its portfolio mix

07.11.2024 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


VIB Vermögen AG acquires two office properties and further expands its portfolio mix 

Neuburg/Danube, 07. November 2024: VIB Vermögen AG (“VIB”), a company specializing in the development, acquisition and management of commercial real estate, today announces the acquisition of two office properties in Mannheim and Offenbach from the commercial portfolio of Branicks Group AG. The properties were acquired as part of a share deal. The closing took place at the end of September.

“With the acquisition of the two fully let office properties in Mannheim and Offenbach, VIB is continuing to broaden its regional base and its growth course in the office asset class. This is a further consistent step in our strategy towards a balanced asset class mix of office, logistics and light industrial,” commented Dirk Oehme, CEO of VIB Vermögen AG.

The properties in question are a multi-tenant property in Mannheim, Käfertalerstrasse 258, and the Stadthaus Offenbach, Berliner Strasse 60, with the City of Offenbach as the sole tenant. The total rental space of both properties is 27,838 m2 with a total annual rent of around EUR 3.8 million. 

 

About VIB Vermögen AG

VIB Vermögen AG is a medium-sized company specializing in the development, acquisition and management of modern and sustainably profitable commercial real estate, which has been operating successfully on the market for more than 30 years. The focus is on real estate in the logistics, light industrial and office asset classes. VIB shares have been listed on the Munich (m:access) and Frankfurt (Open Market) stock exchanges since 2005.

In addition to direct acquisitions, VIB’s broad-based business model also includes the complete spectrum of in-house developments and redensification as part of a 360-degree approach: On the one hand, VIB Vermögen AG acquires properties that are already let, and on the other hand it develops new properties from scratch in order to incorporate them into its own portfolio on a permanent basis and generate rental income from them. At the same time, sales are part of the overall strategy. In addition, VIB offers comprehensive real estate management services and solutions for institutional investors and holds interests in companies with real estate assets.

More information at www.vib-ag.de

 

Kontakt VIB-Vermögen AG

Investor Relations:

Tilly-Park 1

86633 Neuburg/Danube

Tel.: + 49 (0)8431 9077-961

Fax: + 49 (0)8431 9077-1961

ir@vib-ag.de

 

 

 

 

 

 



07.11.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: VIB Vermögen AG
Tilly-Park 1
86633 Neuburg/Donau
Germany
Phone: +49 (0)8431 / 9077 961
Fax: +49 (0)8431 / 9077 1961
E-mail: anja.landes-schell@vib-ag.de
Internet: www.vib-ag.de
ISIN: DE000A2YPDD0
WKN: A2YPDD
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange
EQS News ID: 2024243

 
End of News EQS News Service

2024243  07.11.2024 CET/CEST

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Boersengefluester.de (BGFL) provides an overview of the key figures on sales, earnings, cash flow and dividends to help you better assess the fundamental development of the respective companies. All information is entered manually in our database - the source is the respective annual reports. All estimates for future figures are provided by BGFL.

The most important financial data at a glance
  2018 2019 2020 2021 2022 2023 2024e
Sales1 86,79 91,00 94,21 87,11 88,46 81,93 0,00
EBITDA1,2 87,26 93,27 94,55 80,82 81,17 191,20 0,00
EBITDA-Margin3 100,54 102,50 100,36 92,78 91,76 233,37 0,00
EBIT1,4 86,95 92,95 94,22 51,38 49,72 162,25 0,00
EBIT-Margin5 100,18 102,14 100,01 58,98 56,21 198,04 0,00
Net Profit (Loss)1 59,90 65,41 67,27 31,04 54,70 130,84 0,00
Net-Margin6 69,02 71,88 71,40 35,63 61,84 159,70 0,00
Cashflow1,7 60,73 69,13 65,32 74,95 67,81 74,74 0,00
Earnings per share8 2,09 2,29 2,44 1,08 1,90 3,92 0,91
Dividend per share8 0,65 0,70 0,75 0,85 0,00 0,00 0,00
Quelle: boersengefluester.de and Company information
Explanation

1 in Mio. Euro; 2 EBITDA = Earnings before interest, taxes, depreciation and amortisation; 3 EBITDA in relation to sales; 4 EBIT = Earnings before interest and taxes; 5 EBIT in relation to sales; 6 Net profit (-loss) in relation to sales; 7 Cashflow from operations; 8 in Euro; Source: boersengefluester.de

Auditor: BDO

All relevant valuation ratios, dates and other investor information on your share at a glance. Good to know: All data comes from boersengefluester.de and is updated daily. This means you are always up to date. You can get brief explanations of the key figures by moving the cursor or mouse over the relevant field.

INVESTOR-INFORMATION
©boersengefluester.de
VIB Vermögen
WKN ISIN Legal Type Marketcap IPO Recommendation Plus Code
A2YPDD DE000A2YPDD0 AG 325,26 Mio € 28.11.2005 Halten 8FWHP5F2+92
* * *
PE 2025e PE 10Y-Ø BGFL-Ratio Shiller-PE PB PCF KUV
9,46 13,66 0,69 5,00 0,39 4,35 3,97
Dividends
Dividend '2022
in €
Dividend '2023
in €
Dividend '2024e
in €
Div.-Yield '2024e
in %
0,00 0,00 0,00 0,00%
Financial calendar
Annual General Meeting Q1-figures Q2-figures Q3-figures Annual press conference
11.07.2024 - 07.08.2024 - 30.04.2024
Performance
Distance 60-days-line Distance 200-days-line Performance YtD Performance 52 weeks IPO
Last Price (EoD)
-1,20%
9,84 €
ATH 54,40 €
-8,53% +0,91% -29,21% -32,14% +64,00%

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