VIB Vermögen AG: Changes to the Managing Board – Rainer Hettmer retires

Press release

VIB Vermögen AG: Changes to the Managing Board – Rainer Hettmer retires

Neuburg/Donau, June 20, 2023. VIB Vermögen AG, Neuburg/Donau (ISIN DE000A2YPDD0, WKN A2YPDD), a company specialising in the development, acquisition and portfolio management of logistics and light industrial commercial properties, announced today that Mr. Rainer Hettmer is retiring and will leave VIB Vermögen AG with effect as of June 30, 2023. Mr. Hettmer had been Head of Financing and Investments since January 2002 and had been a member of VIB Vermögen AG’s Managing Board since July 1, 2022. The Supervisory Board would like to thank Mr. Hettmer for his extraordinary contribution to VIB Vermögen AG’s growth and wishes him all the best for the future.

The Managing Board of VIB Vermögen AG continues to consist of Mr. Dirk Oehme, Spokesman of the Managing Board and responsible for Finance, and Mr. Nicolai Greiner, Managing Board member for Real Estate.

Contact
VIB Vermögen AG
Investor Relations:
Tilly-Park 1
86633 Neuburg/Donau
Tel.: + 49 (0)8431 9077-961
Fax: + 49 (0)8431 9077-1961
E-Mail: ed.ga-biv@llehcs-sednal.ajna

Profile of the VIB Vermögen AG
VIB AG is a medium-sized company specialising in the development, acquisition and portfolio management of modern and sustainably profitable commercial properties. The company has been operating successfully on the market for almost 30 years. The focus is on properties in the logistics and light industrial asset class. VIB’s shares have been listed on the Munich (m:access) and Frankfurt (Open Market) stock exchanges since 2005.

Alongside direct acquisitions, VIB’s broad-based business model also comprises the entire spectrum of project development and redensification projects as part of a “develop-or-buy-and-hold” strategy: on the one hand, VIB acquires properties that have been let already, and on the other hand, it develops new properties from the ground up in order to permanently incorporate these into its own portfolio and generate rental income from them. In addition, VIB offers comprehensive property management services and solutions for institutional investors and holds interests in companies with real estate assets.