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Annual General Meeting of VIB Vermögen passes a resolution to increase the dividend to EUR 0.51 per share

DGAP-News: VIB Vermögen AG / Key word(s): AGM/EGM/Dividend

2016-06-30 / 17:09
The issuer is solely responsible for the content of this announcement.


Annual General Meeting of VIB Vermögen passes a resolution to increase the dividend to EUR 0.51 per share

Neuburg/Danube, June 30, 2016 – The Annual General Meeting of VIB Vermögen AG, a company specialising in the development, acquisition and portfolio management of commercial properties, has today passed a resolution to increase the dividend to EUR 0.51 per share (previous year: EUR 0.48 per share) by a large majority. Based on the share price as of December 31, 2015, this corresponds to a dividend yield of almost 3 per cent. Therefore, the company will be distributing some EUR 13.4 million amongst the 26,308,405 shares with dividend rights.

In his speech Chief Executive Officer, Ludwig Schlosser emphasised the policy of allowing the shareholders to participate in the company’s success to an appropriate degree: “In the past year we were able to disproportionately increase our operating result and surpassed our own expectations. We want our shareholders to once again share in our success this year and are delighted that we are able to make this happen by means of a further increase in the dividend. In addition, in 2015 we were able to reach the important milestones of more than one billion in total assets and more than one million square metres of rentable area. Altogether, these successes confirm both the profitability and the sustainability of our business model”.

A total of 54,3 per cent of the voting-entitled share capital was represented at this year’s Annual General Meeting of VIB Vermögen AG. The members of the Managing Board and the Supervisory Board were both approved by a large majority of the AGM. The mandates of serving Supervisory Board members Franz-Xaver Schmidbauer, Jürgen Wittmann and Rolf Klug were also extended. At the consultative Supervisory Board meeting that followed the Annual General Meeting, Franz-Xaver Schmidbauer was elected Chair of the Supervisory Board and Jürgen Wittmann was elected Deputy Chair of the Supervisory Board. Agreement was granted with a large majority to all other items on the agenda of the Annual General Meeting, including the choice of auditor.

Ludwig Schlosser has been seen off at the Annual General Meeting. He had informed the Supervisory Board of the company at the meeting held on May 30, 2016 that he is choosing not to continue his tenure on the Managing Board at his own request and that he will be leaving the Managing Board as of December 31, 2016. As of January 1, 2017, the Managing Board of VIB will comprise of Martin Pfandzelter as Board Chairman responsible for the Real Estate division and Holger Pilgenröther responsible for the Finance division.

Contact

Investor Relations:

VIB Vermögen AG
Petra Riechert Tel. 49 (0)8431 504 952
Luitpoldstr. C70 Fax: +49 (0)8431 504 973
86633 Neuburg/Donau Email: ed.ga-biv@trehceir.artep

About VIB Vermögen AG

VIB Vermögen AG is a medium-sized company specialising in commercial real estate management that has now been operating successfully for more than 20 years. Its focus lies on logistics/light industry and retail properties in the economically strong region of southern Germany. VIB’s shares have been listed on the Munich (m:access) and Frankfurt (Open Market) stock exchanges since 2005.

VIB’s business model is based on a “develop-or-buy-and-hold” strategy. On the one hand, the company acquires properties that are already rented and, on the other, completely develops new properties with a view to permanently incorporating them into its portfolio and generating rental income from them. VIB also holds investments in companies with real estate assets.


2016-06-30 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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VIB Vermögen AG grows revenue and earnings in first nine months of 2011

VIB Vermögen AG / Key word(s): Quarter Results16.11.2011 / 07:30---------------------------------------------------------------------- Revenue slightly up to EUR 38.8 million- Earnings before tax (EBT) improve 37% year-on-year to EUR 13.6 million- Company confirms 2011 FY revenue and earnings forecastNeuburg/Donau, November 16, 2011 - VIB Vermögen AG, a property companyspecialising in commercial real estate portfolio management, generatedrevenue of EUR 38.8 million at Group level in the first nine months of 2011on an IFRS accounting basis, representing 1.6% year-on-year growth.Operating income stood at EUR 39.3 million, reflecting a 7.3% increasecompared with the first nine months of 2010. After deducting operatingcosts, VIB Vermögen AG achieved earnings before interest and tax (EBIT) ofEUR 28.5 million (2010: EUR 25.3 million). Interest expenses amounted toEUR 13.9 million in the first three quarters of 2011. This resulted in EUR13.6 million of earnings before tax, reflecting a marked year-on-yearincrease of approx. 37%. After deducting taxes on income, VIB Vermögen AGgenerated consolidated net income of EUR 11.1 million, compared with EUR12.2 million in the previous year.Ludwig Schlosser, CEO of VIB Vermögen AG, expressed his pleasure with thepositive trends reported in the current fiscal year: 'We regard ouroperating business as being on the right path with the results that we haveachieved. Therefore, we are very confident that we can achieve our 2011full-year forecast.' For 2010, VIB Group is expecting EUR 52 million ofrevenue, EUR 36 million of earnings before interest and tax (EBIT), and EUR18 million of earnings before tax (EBT), each prior to valuation effects.Where further investments are concerned, Peter Schropp, who is responsiblefor the real estate area at VIB Vermögen AG, explained the growth strategyfor the coming years: 'Despite the economic slowdown, we will adopt atargeted approach to expanding our real estate portfolio in the high-growthSouthern German region in line with our 'develop-or-buy-and-hold-strategy',thereby further boosting our profitability. We would like our shareholdersto participate in this, and for the eleventh consecutive year propose anattractive dividend at the Annual General Meeting.'The complete interim announcement for the first nine months 2011 can bedownloaded from the company's website at www.vib-ag.de, within the InvestorRelations area.ContactInvestor Relations:VIB Vermögen AGPetra Riechert  Luitpoldstr. C70  86633 Neuburg/Donau Tel: + 49 (0)8431 504-952Fax: + 49 (0)8431 504-973E-mail: sitemoced.ga-biv@trehceir.artep AGUlrich Wiehle   Unter den Eichen 7  65195 Wiesbaden  Tel: +49 (0)611 205855-11Fax: +49 (0)611 205855-66E-mail: eliforPed.sitemoc@elheiw of VIB Vermögen AG (including BBI Immobilien AG)VIB Vermögen AG (WKN 245751 / ISIN DE0002457512) is a medium-sized realestate holding company, whose investments focus on commercial properties inSouthern Germany. Formed as a partnership in 1993, VIB Vermögen AG wastransformed to become an Aktiengesellschaft (German public limited company)in 2000. Since then, the company has developed core competences in theacquisition and management of its own properties and participatinginterests in companies with real estate portfolios. The VIB Group pursues adevelop-or-buy-and-hold strategy. It both develops properties for its ownportfolio and also acquires existing properties. The VIB Group's realestate portfolio includes various logistics properties and industrialfacilities, shopping and specialist retail centers as well as commercialand service centers.End of Corporate News---------------------------------------------------------------------16.11.2011 Dissemination of a Corporate News, transmitted by DGAP - acompany of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de---------------------------------------------------------------------Language:    English                                              Company:     VIB Vermögen AG                                                   Luitpoldstraße C 70                                               86633 Neuburg/Donau                                               Germany                                              Phone:       +49 (0)8431 / 504-952                                Fax:         +49 (0)8431 / 504-973                                E-mail:      ed.ga-biv@trehceir.artep                             Internet:    www.vib-ag.de                                        ISIN:        DE0002457512                                         WKN:         245751                                               Listed:      Freiverkehr in Berlin, Düsseldorf, Hamburg, München               (m:access), Stuttgart; Open Market in Frankfurt        End of News    DGAP News-Service  ---------------------------------------------------------------------  146442 16.11.2011                                                      

 

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VIB Vermögen AG acquires newly built logistics property in Schwäbisch Gmünd

VIB Vermögen AG / Key word(s): Miscellaneous27.10.2011 / 07:29---------------------------------------------------------------------- High-yielding property acquired with investment volume of around EUR 11million- Early 10-year contract extension for logistics property in IngolstadtareaNeuburg/Donau, October 27, 2011 - VIB Vermögen AG, South Germany's leadinglisted real estate company for commercial properties, is reporting afurther expansion to its real estate portfolio. VIB Vermögen AG isstrengthening its logistics segment with the purchase of a newly built16,400 m² logistics property in Schwäbisch Gmünd, located in Germany'sdynamic economic region of Baden-Württemberg. The investment volume ofapproximately EUR 11 million generates a rental yield of around 8% perannum. The first rental payment will be made on December 2011. The contractcarries a 15-year duration, and includes an option for further five years.As a result of this purchase, VIB Vermögen AG now commands a portfoliototalling 87 properties with a rentable space of around 678,000 m². LudwigSchlosser, CEO of VIB Vermögen AG, expressed his satisfaction with thesuccessful transaction as follows: 'We are convinced that our commitment tothe logistics sector will prove sustainably successful. Our latest additionto the real estate portfolio is also distinguished by an attractive rentalyield, and will consequently contribute to further enhancing ourprofitability.'VIB Vermögen AG has also announced that an already existing rental contractfor a logistics property in the Ingolstadt area, which comprises a space ofaround 19,300 m², has been extended early by a ten-year period. PeterSchropp, Management Board member responsible for real estate, regards thisas a reflection of VIB's successful cooperation with its tenants: 'We seethis contract extension as evidence of trust. It also says something aboutthe attractiveness of our properties, and of how we have correctly assessedthe needs of the market and our tenants.'ContactInvestor Relations:VIB Vermögen AGPetra Riechert  Luitpoldstr. C70  86633 Neuburg/Donau Tel:  + 49 (0)8431 504-952Fax: + 49 (0)8431 504-973E-Mail: sitemoced.ga-biv@trehceir.artep AGUlrich Wiehle  Unter den Eichen 7  65195 Wiesbaden  Tel:  +49 (0)611 205855-11Fax: +49 (0)611 205855-66E-Mail: eliforPed.sitemoc@elheiw of VIB Vermögen AG (including BBI Immobilien AG)VIB Vermögen AG (WKN 245751 / ISIN DE0002457512) is a medium-sized realestate holding company, whose investments focus on commercial properties inSouthern Germany. Formed as a partnership in 1993, VIB Vermögen AG wastransformed to become an Aktiengesellschaft (German public limited company)in 2000. Since then, the company has developed core competences in theacquisition and management of its own properties and participatinginterests in companies with real estate portfolios.The VIB Group pursues a develop-or-buy-and-hold strategy. It both developsproperties for its own portfolio and also acquires existing properties. TheVIB Group's real estate portfolio includes various logistics properties andindustrial facilities, shopping and specialist retail centers as well ascommercial and service centers.End of Corporate News---------------------------------------------------------------------27.10.2011 Dissemination of a Corporate News, transmitted by DGAP - acompany of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de---------------------------------------------------------------------Language:    English                                              Company:     VIB Vermögen AG                                                   Luitpoldstraße C 70                                               86633 Neuburg/Donau                                               Germany                                              Phone:       +49 (0)8431 / 504-952                                Fax:         +49 (0)8431 / 504-973                                E-mail:      ed.ga-biv@trehceir.artep                             Internet:    www.vib-ag.de                                        ISIN:        DE0002457512                                         WKN:         245751                                               Listed:      Freiverkehr in Berlin, Düsseldorf, Hamburg, München               (m:access), Stuttgart; Open Market in Frankfurt        End of News    DGAP News-Service  ---------------------------------------------------------------------  143549 27.10.2011                                                      

 

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VIB Vermögen AG rents large logistics property to BMW and becomes EPRA member

VIB Vermögen AG / Key word(s): Real Estate/Contract02.09.2011 / 07:29---------------------------------------------------------------------- 17,600 m² property in Wackersdorf rented on long-term basis - VIB Vermögen AG becomes member of European Public Real Estate Association(EPRA)Neuburg/Donau, September 2, 2011. VIB Vermögen AG, South Germany's leadinglisted real estate company for commercial property, has won BMW AG as anattractive tenant for its logistics property in Wackersdorf in the UpperPalatinate, Bavaria, Germany. The approximately 17,600 m² property,including car parking spaces, was rented in its entirety to the Germanautomotive manufacturer as soon as the previous rental agreement expired onAugust 1, 2011. The rental agreement runs until December 31, 2015, andcontains options for it to be extended on either of two occasions for aperiod of four years in each case. 'We regard our intensified cooperationwith BMW as a confirmation of the quality and attractiveness of our realestate portfolio', was how Ludwig Schlosser, the CEO of VIB Vermögen AG,expressed his satisfaction with the successful conclusion of the agreement.Along with this co-operation with a globally active automotivemanufacturer, the further orientation of the company's network atinternational level is also reflected in VIB Vermögen AG's entry into theEuropean Public Real Estate Association (EPRA). EPRA membership should alsoenhance the company's visibility as a leading real estate company abroad,and provide a further boost to the internationality of its investorrelations work. The European Public Real Estate Association (EPRA) is anot-for-profit association and representative organisation for over 200leading European real estate companies, real estate investors and realestate consultancies that administer total property assets of more than EUR250 billion. Among other objectives, EPRA aims to deploy targeted measuresto promote investors' propensity to invest in listed European real estatecompanies.ContactInvestor Relations:VIB Vermögen AGPetra Riechert          Luitpoldstr. C70          86633 Neuburg/Donau         Tel: +49 (0)8431 504-952Fax: +49 (0)8431 504-973E-Mail: sitemoced.ga-biv@trehceir.artep AGUlrich Wiehle   Unter den Eichen 7  65195 Wiesbaden          Tel: +49 (0)611 205855-11Fax: +49 (0)611 205855-66E-Mail: eliforPed.sitemoc@elheiw of VIB Vermögen AG (including BBI Immobilien AG)VIB Vermögen AG (WKN 245751 / ISIN DE0002457512) is a medium-sized realestate holding company, whose investments focus on commercial properties inSouthern Germany. Formed as a partnership in 1993, VIB Vermögen AG wastransformed to become an Aktiengesellschaft (German public limited company)in 2000. Since then, the company has developed core competences in theacquisition and management of its own properties and participatinginterests in companies with real estate portfolios.The VIB Group pursues a develop-or-buy-and-hold strategy. It both developsproperties for its own portfolio and also acquires existing properties. TheVIB Group's real estate portfolio includes various logistics properties andindustrial facilities, shopping and specialist retail centers as well ascommercial and service centers.End of Corporate News---------------------------------------------------------------------02.09.2011 Dissemination of a Corporate News, transmitted by DGAP - acompany of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de---------------------------------------------------------------------Language:    English                                              Company:     VIB Vermögen AG                                                   Luitpoldstraße C 70                                               86633 Neuburg/Donau                                               Germany                                              Phone:       +49 (0)8431 / 504-952                                Fax:         +49 (0)8431 / 504-973                                E-mail:      ed.ga-biv@trehceir.artep                             Internet:    www.vib-ag.de                                        ISIN:        DE0002457512                                         WKN:         245751                                               Listed:      Freiverkehr in Berlin, Düsseldorf, Hamburg, München               (m:access), Stuttgart; Open Market in Frankfurt        End of News    DGAP News-Service  ---------------------------------------------------------------------  137852 02.09.2011                                                      

 

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VIB Vermögen AG grows H1 2011 revenue and operating earnings

VIB Vermögen AG / Key word(s): Half Year Results10.08.2011 / 07:59---------------------------------------------------------------------- Revenue improves to around EUR 26.0 million - Earnings before tax (EBT) of EUR 7.9 million - Consolidated net income of EUR 6.6 million- Semi-annual report published on websiteNeuburg/Donau, August 10, 2011 - VIB Vermögen AG, a company specialising incommercial real estate portfolio management, has reported a continuation ofthe previous years' positive trend. The company generated consolidatedrevenue of EUR 26.0 million in the reporting period on the basis of IFRSaccounting. This represents a 1.3% increase compared with the revenue ofEUR 25.6 million generated in the first half of 2010. Operating income fromthe real estate business amounted to a total of EUR 26.5 million (previousyear: EUR 26.1 million) when taking into account EUR 0.3 million of otheroperating income and a positive valuation change to investment propertiesof EUR 0.2 million.After deducting operating costs, the company, which is based at Neuburg ander Donau, Germany, generated earnings before interest and tax (EBIT) ofEUR 18.9 million, compared with EUR 18.0 million in the previous year. Inthis context, a very good EBIT margin on a sector comparison of around 71%underscores the high profitability of VIB Vermögen AG. Besides interestexpenses that amounted to approximately EUR 9.2 million in the first halfof 2011 (previous year: EUR 9.8 million), the financial result was affectedby expenses of EUR 1.6 million from the measurement of financialderivatives. This item primarily includes an increase in a provision for apotential loss for Group subsidiary BBI Immobilien AG for a Swiss francswap transaction, which is currently reporting a negative market valuationdue to the current EUR/CHF exchange rate. Of this amount, EUR 0.3 millionis cash-effective. Given the above, earnings before tax (EBT) stood at EUR7.9 million, slightly below the previous year's level of EUR 8.1 million.After deducting taxes on income, the VIB Group's consolidated earningsamounted to EUR 6.6 million for the first six months of 2011. The declinecompared with the previous year's figure EUR 10.4 million is particularlyattributable to the absence of income tax effects that arose in theprevious year from the deconsolidation of the Beverages segment.Peter Schropp, Managing Board member responsible for the real estate areaat VIB Vermögen AG, expressed his corresponding satisfaction as follows:'We have succeeded in significantly enhancing our financial strength withthe successful conclusion of the capital increase. Correspondingly, thegross issue proceeds of around EUR 28.4 million are to be deployedexclusively for further high-yield investments in our real estateportfolio. Along with a logistics property in Ingolstadt-Grossmehring thatwe developed ourselves and which has meanwhile been transferred to thetenant, this relates to further projects in Baunatal and Neuburg/Donau. Thetotal net rental income will amount to around EUR 2.6 million once theyhave been completed.' Given this, Ludwig Schlosser, CEO of VIB Vermögen AG,takes an optimistic view of the 2011 business year: 'Above and beyond theinvestments that have been specifically processed in contractual terms, weare currently engaged in intensive negotiations for additional acquisitionsentailing a total volume of at least EUR 25 million. We anticipate that wewill achieve further growth in both revenue and earnings in the futureaccordingly. For example, we expect that we will generate consolidatedrevenue of around EUR 52 million in this fiscal year. We are also assumingthat we will grow earnings before interest and tax (EBIT) to around EUR 36million, and earnings before tax to approximately EUR 18 million, with bothof these figures being calculated before any valuation adjustments.'The complete semi-annual report can be downloaded from our website at www.vib-ag.de, under the headings Investor Relations/Reports.ContactInvestor Relations:VIB Vermögen AGPetra Riechert        Tel:  + 49 (0)8431 504-952Luitpoldstr. C70      Fax:  + 49 (0)8431 504-97386633 Neuburg/Danube  E-mail: sitemoced.ga-biv@trehceir.artep AGStefan Kemmerer       Tel:  +49 (0)611 205855-21Unter den Eichen 7    Fax:  +49 (0)611 205855-6665195 Wiesbaden       E-mail: eliforPed.sitemoc@reremmek of VIB Vermögen AG (including BBI Immobilien AG)VIB Vermögen AG (WKN 245751 / ISIN DE0002457512) is a medium-sized realestate holding company, whose investments focus on commercial properties inSouthern Germany. Formed as a partnership in 1993, VIB Vermögen AG wastransformed to become an Aktiengesellschaft (German public limited company)in 2000. Since then, the company has developed core competences in theacquisition and management of its own properties and participatinginterests in companies with real estate portfolios.The VIB Group pursues a develop-or-buy-and-hold strategy. It both developsproperties for its own portfolio and also acquires existing properties. TheVIB Group's real estate portfolio includes various logistics properties andindustrial facilities, shopping and specialist retail centers as well ascommercial and service centers.End of Corporate News---------------------------------------------------------------------10.08.2011 Dissemination of a Corporate News, transmitted by DGAP - acompany of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de---------------------------------------------------------------------Language:    English                                              Company:     VIB Vermögen AG                                                   Luitpoldstraße C 70                                               86633 Neuburg/Donau                                               Germany                                              Phone:       +49 (0)8431 / 504-952                                Fax:         +49 (0)8431 / 504-973                                E-mail:      ed.ga-biv@trehceir.artep                             Internet:    www.vib-ag.de                                        ISIN:        DE0002457512                                         WKN:         245751                                               Listed:      Freiverkehr in Berlin, Düsseldorf, Hamburg, München               (m:access), Stuttgart; Open Market in Frankfurt        End of News    DGAP News-Service  ---------------------------------------------------------------------  135003 10.08.2011                                                      

 

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VIB Vermögen AG further expands real estate portfolio

VIB Vermögen AG / Key word(s): Real Estate02.08.2011 / 07:30---------------------------------------------------------------------- Total investment volume of around EUR 32.6 million- Annualised net rental income after completion totals EUR 2.6 million- Average 8.0% rental yield on all properties Neuburg/Danube, August 2, 2011 - Having successfully concluded its capitalincrease, VIB Vermögen AG, a company specialising in commercial real estateportfolio management, is investing in high-yielding properties with a totalvolume of initially EUR 32.6 million.The company is developing a production and logistics centre in Ingolstadtwith a total rentable space of approximately 22,300 m², and entailing aninvestment volume of around EUR 24 million. A company has been founded inorder to realise the project in which VIB Vermögen AG holds a 75% majorityinterest, and in which a subsidiary of the city of Ingolstadt holds a 25%interest.Furthermore, a logistics property in Ingolstadt-Grossmehring, which thecompany developed itself, has meanwhile been handed over to its tenant.This property entailed initial costs of EUR 2.6 million. Rental contractshave already been signed for two further properties, and construction workis underway to the tune of EUR 6.0 million of investment volume. Oneproperty entails the construction of a logistics property on an existingplot of land in Baunatal near Kassel. The second property involves thecreation of a logistics plant in Neuburg/Donau.The total rental income that will be achieved after the properties havebeen created amounts to approximately EUR 2.6 million. The rentalagreements are largely long-term, and result in an average rental yield of8.0%. The additional rental space will amount to approximately 36,000 m²,and expand the total space of the real estate portfolio to almost 691,000m².Peter Schropp, the Management Board member responsible for the real estatesector, regards the VIB Group's revenue base as having been sustainablystrengthened: 'These transactions allow us to fulfil our commitment ofreinvesting issue proceeds from the capital increase as rapidly aspossible. We aim to continue to sustainably strengthen our real estateportfolio through selective and targeted acquisitions in the future. LudwigSchlosser, CEO of VIB Vermögen AG, added: 'Above and beyond the investmentsthat have now been specifically processed in contractual terms, we are nowengaged in very specific negotiations for further investments entailing atleast EUR 25 million.'Profile of VIB Vermögen AGVIB Vermögen AG (WKN 245751 / ISIN DE0002457512) is a medium-sized realestate holding company, whose investments focus on commercial properties inSouthern Germany. Formed as a partnership in 1993, VIB Vermögen AG wastransformed to become an Aktiengesellschaft (German public limited company)in 2000. Since then, the company has developed core competences in theacquisition and management of its own properties and participatinginterests in companies with real estate portfolios.The VIB Group pursues a buy-and-hold strategy. It both develops propertiesfor its own portfolio and also acquires existing properties. The VIBGroup's real estate portfolio includes various logistics properties andindustrial facilities, shopping and specialist retail centers as well ascommercial and service centers.End of Corporate News---------------------------------------------------------------------02.08.2011 Dissemination of a Corporate News, transmitted by DGAP - acompany of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de---------------------------------------------------------------------Language:    English                                              Company:     VIB Vermögen AG                                                   Luitpoldstraße C 70                                               86633 Neuburg/Donau                                               Germany                                              Phone:       +49 (0)8431 / 504-952                                Fax:         +49 (0)8431 / 504-973                                E-mail:      ed.ga-biv@trehceir.artep                             Internet:    www.vib-ag.de                                        ISIN:        DE0002457512                                         WKN:         245751                                               Listed:      Freiverkehr in Berlin, Düsseldorf, Hamburg, München               (m:access), Stuttgart; Open Market in Frankfurt        End of News    DGAP News-Service  ---------------------------------------------------------------------  133980 02.08.2011                                                      

 

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VIB Vermögen AG has successfully placed capital increase with a volume of EUR 28.4 million

VIB Vermögen AG / Key word(s): Capital Increase/Corporate Action01.06.2011 / 10:31Neuburg/Danube, June 1, 2011 - VIB Vermögen AG, a company specialising incommercial real estate portfolio management, has successfully placed itscapital increase. Within the scope of a private placement, the real estatecompany offered a total of 3,554,374 new bearer shares for subscription atan issue price of EUR 8.00 per share. Through the transaction, the grossissuing proceeds amount to around EUR 28.4 million, which are to bedeployed for further high-yield investments exclusively. Along with newconstructions on existing land areas in Grossmehring (EUR 2.8 million) andBaunatal (EUR 2.7 million), additional logistics and retail properties witha volume of at least EUR 50 million are to be acquired or developed atseveral other locations in Bavaria. 47% of the capital increase wassubscribed by existing shareholders who exercised their subscription rightsat a rate of 5:1. The remaining 53% were offered to institutional investorsas a private placement. Those received a scaled down allotment, as thecapital increase was oversubscribed.Through the issue of the new shares, the share capital of the VIB VermögenAG increases from EUR 17,771,870 to EUR 21,326,244. Following the entry ofthe capital increase in the Commercial Register and after booking has takenplace with the Clearstream Banking AG, it is expected that the new shareswith the securities identification code VIHJ (securities identificationnumber A1KRQN, ISIN DE000A1KRQN8) will be included for trading in the OpenMarket of the Munich Stock Exchange (M:access) on June 6, 2011. Due to theentitlement to dividend from 1st January 2011, the new shares will continueto be traded under the stated securities identification number until theend of the General Meeting on July 7, 2011. Following the General Meeting,all outstanding shares will again be listed under the uniform code VIH(securities identification number 245751, ISIN DE0002457512). Contact Us Investor relations:VIB Vermögen AGPetra Riechert         Phone:  +49 (0)8431 504-952Luitpoldstr. C70       Fax:    +49 (0)8431 504-97386633 Neuburg/Danube   E-mail: ynamreGed.ga-biv@trehceir.artep cometis AGStefan Kemmerer        Phone:  +49 (0)611 205855-21Unter den Eichen 7     Fax:    +49 (0)611 205855-6665195 Wiesbaden        E-mail: eliforPed.sitemoc@reremmek of VIB Vermögen AGVIB Vermögen AG (WKN 245751 / ISIN DE0002457512) is a medium-sized realestate holding company, whose investments focus on commercial properties inSouthern Germany. Formed as a partnership in 1993, VIB Vermögen AG wastransformed to become an Aktiengesellschaft (German public limited company)in 2000. Since then, the company has developed core competences in theacquisition and management of its own properties and participatinginterests in companies with real estate portfolios.The VIB Group pursues a buy-and-hold strategy. It both develops propertiesfor its own portfolio and also acquires existing properties. The VIBGroup's real estate portfolio includes various logistics properties andindustrial facilities, shopping and specialist retail centers as well ascommercial and service centers. The VIB Group generates sustainable rentalreturns with a total rental area of approx. 661.500 m².End of Corporate News---------------------------------------------------------------------01.06.2011 Dissemination of a Corporate News, transmitted by DGAP - acompany of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de---------------------------------------------------------------------Language:    English                                              Company:     VIB Vermögen AG                                                   Luitpoldstraße C 70                                               86633 Neuburg/Donau                                               Deutschland                                          Phone:       +49 (0)8431 / 504-952                                Fax:         +49 (0)8431 / 504-973                                E-mail:      ed.ga-biv@trehceir.artep                             Internet:    www.vib-ag.de                                        ISIN:        DE0002457512                                         WKN:         245751                                               Listed:      Freiverkehr in Berlin, Düsseldorf, Hamburg, München               (m:access), Stuttgart; Open Market in Frankfurt        End of News    DGAP News-Service  ---------------------------------------------------------------------  127108 01.06.2011                                                      

 

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VIB Vermögen AG plans capital increase to finance further growth

VIB Vermögen AG / Key word(s): Capital Increase/Corporate Action12.05.2011 / 07:31- Capital increase from authorised capital equivalent to 20% of sharecapital- Issue of 3,554,374 new shares at a price of EUR 8.00- Gross issue proceeds of approximately EUR 28.4 million to extend realestate portfolioNeuburg/Danube, May 12, 2011 - VIB Vermögen AG, a company specialising incommercial real estate portfolio management, is planning a capital increaseequivalent to 20% of its current share capital. The Management andSupervisory boards have passed a resolution to utilise the resolution ofthe Shareholders' General Meetings of July 26, 2007 and July 6, 2010, toissue a total of 3,554,374 new ordinary bearer shares against cash. Theprice for the new shares was fixed at EUR 8.00, which would generate grossissue proceeds of around EUR 28.4 million for the company given a completeplacing. The new shares (ISIN DE000A1KRQN8, German SecuritiesIdentification Number (WKN) A1KRQN), each with a notional share in theshare capital of EUR 1.00, are fully dividend-entitled for the current 2011financial year. Existing shareholders will be granted indirect subscriptionrights in a 5:1 ratio as part of the non-public offering. There are noplans to organise subscription rights trading.The two-week subscription period for the new shares will commenceprospectively on May 17, 2011. Shares that have not been subscribed forwill subsequently be offered to institutional and strategic investors forsubscription as part of the capital increase. Once the capital increase hasbeen successfully concluded, the share capital of VIB Vermögen AG willincrease by a total of 20%, from EUR 17,771,870 to EUR 21,326,244.The additional equity is to be deployed exclusively for the extension ofthe real estate portfolio. Along with new constructions on existing landareas in Grossmehring (EUR 2.8 million) and Baunatal (EUR 2.7 million),additional logistics and retail properties with a volume of at least EUR 50million are to be acquired at several other locations in Bavaria. The newinvestments offer an average rental yield of around 8%, based onacquisition values, which will further enhance the profitability of VIBVermögen AG, and additionally diversify its tenant structure.The transaction was organized by Baader Bank AG as the Global Coordinatorand Sole Bookunner and M.M. Warburg & CO as the Co-Lead Manager.Ludwig Schlosser, CEO of VIB Vermögen AG, explains the objectives behindthe capital increase: 'We want to continue our growth course, and expandour leading position as a commercial real estate portfolio manager inSouthern Germany. Having optimised and consolidated our existing portfoliolast year, we now aim to take the next growth step and exploit marketopportunities.' Management Board colleague Peter Schropp underscores thestrategic significance of the capital measure accordingly: 'In its currentphase the commercial real estate market offers attractive properties withabove-average earnings potentials. The implementation of the plannedinvestment projects allows us to improve our profitability. At the sametime, the capital increase enables us to strengthen our financingstructure.' Contact Us Investor relations:VIB Vermögen AGPetra Riechert           Phone:  + 49 (0)8431 504-952Luitpoldstr. C70         Fax:    + 49 (0)8431 504-97386633 Neuburg/Danube     E-mail: ynamreGed.ga-biv@trehceir.artep cometis AGStefan Kemmerer          Phone:  +49 (0)611 205855-21Unter den Eichen 7       Fax:    +49 (0)611 205855-6665195 Wiesbaden          E-mail: eliforPed.sitemoc@reremmek of VIB Vermögen AGVIB Vermögen AG (WKN 245751 / ISIN DE0002457512) is a medium-sized realestate holding company, whose investments focus on commercial properties inSouthern Germany. Formed as a partnership in 1993, VIB Vermögen AG wastransformed to become an Aktiengesellschaft (German public limited company)in 2000. Since then, the company has developed core competences in theacquisition and management of its own properties and participatinginterests in companies with real estate portfolios.The VIB Group pursues a buy-and-hold strategy. It both develops propertiesfor its own portfolio and also acquires existing properties. The VIBGroup's real estate portfolio includes various logistics properties andindustrial facilities, shopping and specialist retail centers as well ascommercial and service centers. The VIB Group generates sustainable rentalreturns with a total rental area of approx. 661.500m².End of Corporate News---------------------------------------------------------------------12.05.2011 Dissemination of a Corporate News, transmitted by DGAP - acompany of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de---------------------------------------------------------------------Language:    English                                              Company:     VIB Vermögen AG                                                   Luitpoldstraße C 70                                               86633 Neuburg/Donau                                               Deutschland                                          Phone:       +49 (0)8431 / 504-952                                Fax:         +49 (0)8431 / 504-973                                E-mail:      ed.ga-biv@trehceir.artep                             Internet:    www.vib-ag.de                                        ISIN:        DE0002457512                                         WKN:         245751                                               Listed:      Freiverkehr in Berlin, Düsseldorf, Hamburg, München               (m:access), Stuttgart; Open Market in Frankfurt        End of News    DGAP News-Service  ---------------------------------------------------------------------  124105 12.05.2011                                                      

 

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VIB Vermögen AG makes positive start to the 2011 fiscal year

VIB Vermögen AG / Key word(s): Quarter Results/Miscellaneous11.05.2011 / 07:56- Revenues of EUR 12.9 million – Earnings before tax (EBT) of EUR 4.7 million, and consolidated net incomeof EUR 4.0 million- Managing Board proposes EUR 0.30 dividend to AGM – Distribution approximately 45% tax-free Neuburg/Danube, May 11, 2011 – VIB Vermögen AG, a company specialising incommercial real estate portfolio management, generated revenues ofEUR 12.9 million at Group level in the first three months of 2011 on anIFRS accounting basis. When taking into account EUR 0.5 million of otheroperating income, the VIB Group generated total operating income of aroundEUR 13.4 million. After deducting operating costs, earnings before interestand tax (EBIT) stood at EUR 9.4 million. This generated an approximately70% EBIT margin, which is above the sector average and reflects the highprofitability of this real estate company based at Neuburg/Danube, Germany.Interest expenses totalled EUR 4.7 million in the first three months of2011, thereby allowing the VIB Group to generate pre-tax earnings of EUR4.7 million.After deducting taxes on income, the VIB Group’s consolidated earningsamounted to around EUR 4.0 million for the first three months of 2011.Ludwig Schlosser, CEO of VIB Vermögen AG, was correspondingly satisfiedwith the promising trend in the first quarter of 2011: ‘A furtherimprovement in the macroeconomic environment allowed us to successfullycontinue the last few years’ operating success story. We have achieved afurther profitability enhancement compared with the 2010 record year, whenwe generated a 67.8% EBIT margin. We would very much like our shareholdersto participate in this positive development. For this reason, we willpropose to the AGM to be held on July 7, 2011 that a dividend of EUR 0.30per share be paid. The tax-free portion of the dividend will amount toaround 45%.’In the assessment of Managing Board member Peter Schropp, who isresponsible for the real estate area at VIB Vermögen AG, there are groundsfor further optimism with respect to the current business year: ‘We enjoythe best preconditions to achieve a further record year in 2011 with ourhighly profitable portfolio that currently comprises 86 properties, and atotal rentable area of around 661,500 m². We aim to place a greaterstrategic focus on targeted acquisitions in order to secure attractivereturns also on a prospective basis, while at the same time maintaining ourexisting, stability-oriented financing structure. We anticipate totalrevenues of EUR 52 million for 2011. We also aim to boost earnings beforeinterest and tax (EBIT) to around EUR 36 million, and pre-tax earnings toapproximately EUR 18 million.The complete interim announcement for the first quarter of 2011 can bedownloaded from the company’s website at www.vib-ag.de, within the InvestorRelations area.ContactInvestor Relations:VIB Vermögen AGPetra Riechert Tel: + 49 (0)8431 504-952Luitpoldstr. C70 Fax: + 49 (0)8431 504-97386633 Neuburg/Danube E-mail: sitemoced.ga-biv@trehceir.artep AGStefan Kemmerer Tel: +49 (0)611 205855-21Unter den Eichen 7 Fax: +49 (0)611 205855-6665195 Wiesbaden E-mail: eliforPed.sitemoc@reremmek of VIB Vermögen AGVIB Vermögen AG (WKN 245751 / ISIN DE0002457512) is a medium-sized realestate holding company, whose investments focus on commercial properties inSouthern Germany. Formed as a partnership in 1993, VIB Vermögen AG wastransformed to become an Aktiengesellschaft (German public limited company)in 2000. Since then, the company has developed core competences in theacquisition and management of its own properties and participatinginterests in companies with real estate portfolios.The VIB Group pursues a buy-and-hold strategy. It both develops propertiesfor its own portfolio and also acquires existing properties. The VIBGroup’s real estate portfolio includes various logistics properties andindustrial facilities, shopping and specialist retail centers as well ascommercial and service centers. The VIB Group generates sustainable rentalreturns with a total rental area of approx. 661,500 m².End of Corporate News———————————————————————11.05.2011 Dissemination of a Corporate News, transmitted by DGAP – acompany of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP’s Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de———————————————————————Language: English Company: VIB Vermögen AG Luitpoldstraße C 70 86633 Neuburg/Donau Deutschland Phone: +49 (0)8431 / 504-952 Fax: +49 (0)8431 / 504-973 E-mail: ed.ga-biv@trehceir.artep Internet: www.vib-ag.de ISIN: DE0002457512 WKN: 245751 Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, München (m:access), Stuttgart; Open Market in Frankfurt End of News DGAP News-Service ——————————————————————— 123957 11.05.2011  

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VIB Vermögen AG publishes final 2010 FY figures and 2011 forecast

VIB Vermögen AG / Key word(s): Final Results/Forecast12.04.2011 / 09:04- Total operating revenue of EUR 52.3 million – Earnings before interest and tax (EBIT) of EUR 35.4 million and earningsbefore tax (EBT) of EUR 12.8 million underscore high profitability- 2011 forecast: revenues of around EUR 52 million, EBIT of approximatelyEUR 36 million, EBT of around EUR 18 million before valuation effectsNeuburg/Donau, April 12, 2011 – VIB Vermögen AG, a company specialising inmanaging commercial real estate portfolios, has reported a markedimprovement in both revenue and earnings according to final figures for the2010 financial year. The real estate company, which is based at Neuburg onthe Danube, Germany, generated total operating revenues of EUR 52.3 millionon the basis of the IFRS accounting. This represents an increase of around8.5% compared with the previous year’s figure of EUR 48.2 million. Earningsbefore interest and tax (EBIT) amounted to EUR 35.4 million after deductingall operating costs (previous year: EUR 33.8 million). Both these earningsand the consolidated earnings before tax of EUR 12.8 million underscore thecompany’s high profitability (previous year: EUR 14.4 million).In sum, VIB Vermögen AG generated consolidated net income of EUR 16.9million in the reporting year. This exceeds the previous year’s figure ofEUR 12.3 million by around 37%. The net retained profits in the separate,single-entity financial statements of VIB Vermögen AG, which are relevantfor the dividend distribution, amounted to EUR 5.3 million (previous year:EUR 4.4 million). In view of this performance, the Management andSupervisory boards are proposing to the General Meeting to increase theprevious year’s dividend of EUR 0.25 to EUR 0.30 per share.The promising start to the current business year enables the ManagementBoard to issue a forecast for the 2011 financial year. Ludwig Schlosser,CEO of VIB Vermögen AG, anticipates a further stable business year: ‘Due tothe positive operating trends, we are assuming that we will generaterevenues of EUR 52 million over the full 2011 year.’ Peter Schropp, who isresponsible on the Management Board for the Real Estate segment, went on toadd: ‘Our declared objective is to further improve the earnings position.We expect earnings before interest and tax (EBIT) of around EUR 36 millionfor 2011, and earnings before tax (EBT) of approximatelyEUR 18 million, in each case before valuation effects.’ The 2010 annual report, including the fully consolidated financialstatements for VIB Vermögen AG, can be downloaded as of today from theInternet at http://www.vib-ag.de.Contact Us Investor relations:VIB Vermögen AGPetra Riechert Luitpoldstr. C70 86633 Neuburg/Danube Germany Phone: +49 (0)8431 504-952Fax: +49 (0)8431 504-973E-mail: sitemoced.ga-biv@trehceir.artep AGStefan Kemmerer Unter den Eichen 7 65195 Wiesbaden Phone: +49 (0)611 205855-21Fax: +49 (0)611 205855-66E-mail: eliforPed.sitemoc@reremmek of VIB Vermögen AGVIB Vermögen AG (WKN 245751 / ISIN DE0002457512) is a medium-sized realestate holding company, whose investments focus on commercial properties inSouthern Germany. Formed as a partnership in 1993, VIB Vermögen AG wastransformed to become an Aktiengesellschaft (German public limited company)in 2000. Since then, the company has developed core competences in theacquisition and management of its own properties and participatinginterests in companies with real estate portfolios. The VIB Group pursues abuy-and-hold strategy. It both develops properties for its own portfolioand also acquires existing properties. The VIB Group’s real estateportfolio includes various logistics properties and industrial facilities,shopping and specialist retail centers as well as commercial and servicecenters. The VIB Group generates sustainable rental returns with a totalrental area of approx. 661.500 m².End of Corporate News———————————————————————12.04.2011 Dissemination of a Corporate News, transmitted by DGAP – acompany of EquityStory AG.The issuer is solely responsible for the content of this announcement.DGAP’s Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de———————————————————————Language: English Company: VIB Vermögen AG Luitpoldstraße C 70 86633 Neuburg/Donau Deutschland Phone: +49 (0)8431 / 504-952 Fax: +49 (0)8431 / 504-973 E-mail: ed.ga-biv@trehceir.artep Internet: www.vib-ag.de ISIN: DE0002457512 WKN: 245751 Listed: Freiverkehr in Berlin, Düsseldorf, Hamburg, München (m:access), Stuttgart; Open Market in Frankfurt End of News DGAP News-Service ——————————————————————— 119423 12.04.2011  

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