DGAP-News: VIB Vermögen AG / Key word(s): Miscellaneous2016-09-19 / 07:32The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------VIB Vermögen growing with three new properties via in-house development andacquisitionNeuburg/Danube, September 19, 2016 - VIB Vermögen AG, a companyspecialising in the acquisition, development and portfolio management ofcommercial properties, is expanding its real estate portfolio with threenew properties from the logistics/light industry sector. While the twoin-house developments are currently in the implementation phase, the thirdproperty relates to the purchase of a real estate asset that is alreadyrented on a long-term basis. Each property is located in the economicallystrong southern German region. The total investment volume is EUR 30.6million.As part of its growth strategy, the company is focussing more strongly onin-house developments. To accomplish this, VIB secured three otherproperties at the Interpark site near Kösching - one of the most importantindustrial estates in southern Germany - back in early summer. Constructionhas now begun for the first property. The completion of the building isslated for the spring of 2017 and will have a rentable space of about21,000 m². The investment volume amounts to EUR 15.4 million. Even beforestarting construction, the property was rented to a tenant from thelogistics sector for six years from the move-in date. The net initial yieldwill amount to about eight percent.The second property is being developed at a site that was purchased inaddition to the spaces previously mentioned at the Interpark complex. Itscompletion is planned for mid-2017. The property will have a rentable spaceof about 7,000 m². A long-term rental agreement for this property has alsoalready been finalized with the tenant, an international technologycompany. The agreement has a ten-year term. The investment volume amountsto approximately EUR 8.6 million and will also generate a net initial yieldof about eight percent.Alongside of the ongoing in-house developments, VIB also acquired anotherlogistics property in the direct vicinity of the InnovationsparkWackersdorf. With a letable area of 9,880 m², the property has also beenrented for ten years to a tenant company from the automotive sector withoutstanding credit ratings. The building is in excellent condition, has aflexible layout and optimal infrastructure connections. The totalinvestment volume is about EUR 6.6 million and will provide a return onrent of seven percent."Just one year after completing our then largest in-house development, weare now realising two other attractive projects at the Interpark site. Thefact that we could finalize rental agreements for both properties beforeeven starting construction highlights the attractiveness of the location aswell as our expertise in developing logistics properties. Being able toacquire an already fully rented property at a favourable price is due toour wide-ranging network in southern Germany," says Martin Pfandzelter,Managing Board member (Real Estate Division) at VIB Vermögen AG.ContactInvestor Relations:VIB Vermögen AGPetra Riechert Tel. +49 (0)8431 504 952Luitpoldstr. C70 Fax: +49 (0)8431 504 97386633 Neuburg/Donau Email: tuobAed.ga-biv@trehceir.artep VIB Vermögen AG VIB Vermögen is a medium-sized company specialising in commercial realestate management that has been operating successfully for more than 20years. The company focuses on properties from the logistics/light industrysectors in the economically strong southern German region. VIB's shareshave been listed on the Munich (m:access) and Frankfurt (Open Market) stockexchanges since 2005.VIB's business model is based on a "develop-or-buy-and-hold" strategy.Firstly, VIB acquires properties that are already rented. Secondly, itcompletely develops new properties in order to transfer them to its ownportfolio on a long-term basis and generate rental income from them. VIBalso holds investments in companies with real estate assets.---------------------------------------------------------------------------2016-09-19 Dissemination of a Corporate News, transmitted by DGAP - aservice of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Archive at 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: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich (m:access), Stuttgart, Tradegate Exchange; Open Market in Frankfurt End of News DGAP News Service