VIB Vermögen AG
ISIN: DE000A2YPDD0
WKN: A2YPDD
31 October 2024 08:00AM

EQS-News: VIB Vermögen AG sells four logistics properties in Bavaria and Hesse

VIB Vermögen AG · ISIN: DE000A2YPDD0 · EQS - Company News
Country: Germany · Primary market: Germany · EQS NID: 2019373

EQS-News: VIB Vermögen AG / Key word(s): Real Estate/Disposal
VIB Vermögen AG sells four logistics properties in Bavaria and Hesse

31.10.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.


VIB Vermögen AG sells four logistics properties in Bavaria and Hesse

  • Successful realization of value in a brightening transaction market
  • Further step towards a balanced asset class mix as a commercial real estate portfolio holder

Neuburg/Danube, 31. October 2024: VIB Vermögen AG (“VIB”), a company specializing in the development, acquisition and management of commercial real estate, today announces the sale of a package of four logistics properties from its portfolio to global real estate investment manager EQT Exeter. The notarization took place at the end of October 2024 and the closing is planned by the end of 2024. The parties have agreed not to disclose the purchase price.

The sale is the next step in VIB's diversification strategy with the aim of positioning the company as a balanced portfolio holder of commercial real estate with a focus on logistics and offices in Germany and neighboring countries. At the same time, the sale demonstrates the successful implementation of VIB's value-oriented strategy and is further evidence of the brightening of the transaction market.

The properties sold are logistics properties from VIB's Commercial Portfolio with a total rental area of 94,607 m2 and a total annual rent of EUR 6.7 million. Two of the properties are located in Erlangen, the other two in Unterschleißheim and Frankfurt am Main.

“The sale of the four logistics properties underlines our ability to successfully realize value in a transaction market that is gradually brightening up again. With this step, we are further improving our asset class mix as announced,” commented Dirk Oehme, Speaker of the Managing Board of VIB Vermögen AG.

 

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

anja.landes-schell@vib-ag.de

 

 

 



31.10.2024 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.
Archive at www.eqs-news.com


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: 2019373

 
End of News EQS News Service

2019373  31.10.2024 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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