EQS-News: VIB Vermögen AG sells four logistics properties in Bavaria and Hesse
EQS-News: VIB Vermögen AG
/ Key word(s): Real Estate/Disposal
VIB Vermögen AG sells four logistics properties in Bavaria and Hesse
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
31.10.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
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 |
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2019373 31.10.2024 CET/CEST
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 |
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 |
Dividend '2022 in € |
Dividend '2023 in € |
Dividend '2024e in € |
Div.-Yield '2024e in % |
0,00 | 0,00 | 0,00 | 0,00% |
Annual General Meeting | Q1-figures | Q2-figures | Q3-figures | Annual press conference |
11.07.2024 | - | 07.08.2024 | - | 30.04.2024 |
Distance 60-days-line | Distance 200-days-line | Performance YtD | Performance 52 weeks | IPO |
-8,53% | +0,91% | -29,21% | -32,14% | +64,00% |
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