Category: Corporate News

VIB Vermögen AG: Acquisition of the business with institutional investors of Branicks Group AG, offsetting against receivables from maturing loan

Neuburg a. d. Donau, 7 July 2025. VIB Vermögen AG (VIB), ISIN: DE000A2YPDD0, today agreed with Branicks Group AG (Branicks) to acquire its institutional business. A corresponding purchase agreement was concluded today between the parties for the business previously managed by Branicks Group AG. The volume of the transfer to VIB is around EUR 360 million.

As part of its business strategy, VIB is expanding its already established ‘Institutional Business’ division to include the management and structuring of funds, club deals and individual mandates for institutional investors in all phases of the cycle, and is taking over the operational management of this business within the Branicks Group.

Dirk Oehme, Spokesman of the Managing Board of VIB Vermögen AG, commented: “We are making step-by-step progress with the further development of our business strategy. The acquisition of Branicks Group AG’s Institutional Business with its earnings is a further milestone in this process.”

The closing of the transaction is still subject to the usual, purely formal closing conditions. Branicks and VIB have agreed that upon completion of the transfer, all claims of VIB against Branicks arising from the loan granted by VIB to Branicks on 7 July 2023 will be offset.

About VIB Vermögen AG

VIB Vermögen AG is a medium-sized company specialising in the development, acquisition and management of modern and sustainably profitable commercial properties, which has been operating successfully on the market for more than 30 years. The focus is on properties 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. VIB also offers comprehensive property management services and solutions for institutional investors and holds interests in companies with property assets.

More information at www.vib-ag.de

Contact VIB Vermögen AG

Investor Relations

Tilly-Park 1

86633 Neuburg/Danube

Phone: +49 (0)8431 9077-966

ir@vib-ag.de

VIB Vermögen AG with dynamic project development and marketing

• GreenBiz Park Erding already 70% let
• International logistics service provider acquired for Ingolstadt Bunsenstrasse site
• Total project development pipeline comprises investments of around EUR 200 million with net rental income potential of over EUR 12 million

Neuburg/Danube, 23 June 2025 – VIB Vermögen AG (‘VIB’), a company specialising in the development, acquisition and management of commercial real estate, has made further major progress in the development and marketing of large projects in southern Germany, specifically in Erding and Ingolstadt. These two are by far the largest in the company’s existing project development pipeline, which comprises total investments of around EUR 200 million. This is expected to generate net rental income of more than EUR 12 million and thus a return on investment of around 6% after completion by the end of 2026.

The GreenBiz Park Erding project, which is ideally located for Munich Airport and the Bavarian capital, will comprise a total of 79,000 sqm when completed. Completion of the entire site is planned for 2026. Following the recently concluded rental agreement with an international automotive service provider for a total area of around 27,000 sqm and previous lettings, around 70% of the total area has already been let.

On the GreenBiz Park Erding site, VIB Vermögen AG, as project developer and landlord, is planning a mix of office and commercial buildings for users from the light industrial sector. Of the rental space totalling around 79,000 sqm, around 15,000 sqm is office, laboratory and service space and 64,000 sqm is production and storage space. There will also be a multi-storey car park with an innovative charging management system for electromobility. The first buildings of the GreenBiz Park have already been completed, with construction of further buildings due to start in late summer. The GreenBiz Park is located close to Munich Airport and has excellent connections to the A92 and A94 motorways as well as public transport in the greater Munich area and the infrastructure of the district town of Erding.

The logistics location in Ingolstadt, Bunsenstrasse, is also fully let. An international logistics service provider has been acquired as a tenant there. The property with a total rental area of 16,000 sqm will be completed and handed over to the tenant shortly.

‘The fact that we are already well advanced with marketing in Erding even before the start of the next construction phase, and that we have acquired well-known tenants with international business there as well as in Ingolstadt, shows the enormous potential that exists in both locations and the entire region,’ emphasises Nicolai Greiner, member of the management board of VIB Vermögen AG. ‘We are benefiting from the strong economic momentum in the southern regions of Bavaria in particular, and are contributing to this ourselves with our project developments.’

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

Contact VIB Vermögen AG
Investor Relations:
Tilly-Park 1
86633 Neuburg/Danube
Phone: + 49 (0)8431 9077-961
Fax: + 49 (0)8431 9077-1961
ir@vib-ag.de

VIB Vermögen AG sells Schwarzenbruck logistics property

• Attractive step towards further development of the VIB portfolio
• Transaction sharpens profile as a regionally diversified commercial real estate portfolio holder

Neuburg/Danube, 16 June 2025: VIB Vermögen AG (“VIB”), a company specializing in the development, acquisition and management of commercial real estate, today announces the sale of the Schwarzenbruck logistics property to an international investor. The closing took place on 13 June 2025. The parties have agreed not to disclose the purchase price.  

“With this sale, we are taking advantage of an attractive opportunity to further advance VIB’s diversification strategy and realignment, and to consistently develop our portfolio,” commented Dirk Oehme, Speaker of the Board, VIB Vermögen AG, on the transaction. “We are thereby continuing VIB’s transformation into a balanced portfolio holder of commercial real estate with a focus on logistics and offices in Germany and neighboring countries.”

The fully let single-tenant property in the warehouse/logistics sector is part of VIB’s commercial portfolio and was completed in 2018 on a plot of land acquired for development in 2016. It comprises a total lettable area of 30,858 sqm on a plot of 67,475 sqm and is conveniently located on the Bundesstraße 8 in Schwarzenbruck, Greater Nuremberg.

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

Contact VIB-Vermögen AG

Media 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

• All targets were achieved or partly exceeded
• Funds from operations (FFO) increased by around 10% to EUR 79.5 million
• Gross rental income rises to EUR 88.9 million
• Persistently low vacancy rate of 3.5 % as proof of high real estate quality
• Office asset class successfully established as a second and diversifying source of income
• Guidance for 2025: further significant increase in gross rental income to EUR 101-105 million planned, FFO between EUR 78-82 million expected

Neuburg/Danube, 12 March 2025. VIB Vermögen AG (“VIB“), a company specializing in the development, acquisition and management of commercial real estate, can look back on a successful fiscal year 2024. In a persistently challenging environment VIB was able to once again demonstrate the resilience of its business model. On the one hand, this was largely driven by the good performance of the logistics and light industrial asset class, which has been well established for many years. On the other hand, the company has successfully strengthened the office asset class, significantly enhancing the diversification of its overall portfolio.

FFO above guidance, gross rental income at the upper end of expectations

In 2024, the gross rental income amounted to EUR 88.9 million. This was at the upper end of the guidance of EUR 85 to 89 million, which was increased during the year, and above the previous year’s level (EUR 86.9 million). The increase is attributable to the valuable acquisitions and rent indexations, which overcompensated the property sales realized in 2024. Funds from operations before taxes and minority interests (FFO) rose significantly by around 10% to EUR 79.5 million (previous year: EUR 72.6 million), exceeding slightly the guidance of EUR 74 to 78 million raised in August 2024. The vacancy rate of 3.5% in the proprietary portfolio also reflects the expectations of the Management Board and is at a very low level compared to the industry as a whole – a proof of the high quality of the properties and VIB’s excellent asset management.

To finance the upcoming investments and project developments, the Management Board and Supervisory Board of VIB plan to propose a minimum dividend of EUR 0.04 per share to the Annual General Meeting and to retain the majority of the retained earnings for future growth.

Expansion of the office asset class reflected in a balanced portfolio structure

As at December 31, 2024, the portfolio of VIB Group consisted of a total of 153 properties with a total value of EUR 3.1 billion and a cumulative rental space of 2.04 million m². The acquisitions made in the office asset class in the past year are also reflected in the increasingly balanced portfolio structure in the proprietary portfolio (79 properties, market value of EUR 1.7 billion, rental space of 0.89 million m²). In terms of rental income, properties in the logistics and light industrial asset class accounted for 51.6% of the proprietary portfolio in 2024 and office properties for 41.1%. The remainder is divided between retail properties (6.1%) and commercial buildings or other properties (1.2%). Hence, the VIB Group successfully continued its diversification strategy in 2024 and is now very well positioned for the future with two highly profitable asset classes.

In addition to the acquisitions made, VIB took advantage of the increase in market demand and also selectively sold properties in the logistics and light industrial asset class. As part of the diversification strategy, this has not only contributed to a balanced real estate portfolio, but also to attractive gains from these sales. This confirms the value creation in respect of VIB`s 360-degree-approach.

The “Institutional Business” segment, i.e. the management of real estate properties for institutional investors, also established itself well in 2024. With income totaling EUR 7.2 million, this segment also makes an important contribution to diversifying the VIB Group’s business strategy.

VIB starts the new year confidently – significant increase in gross rental income planned for 2025

“2024 was a successful year for VIB, during which we laid the foundation for future value creation. We have significantly broadened our portfolio by strengthening the office asset class. This, and the expectations of a brightening sentiment in the real estate sector, make us optimistic about the coming quarters,” comments Dirk Oehme, Speaker of the Board of VIB. For the current financial year, the Management Board expects a significant increase of gross rental income to between EUR 101 and 105 million. Funds from operations (FFO) are forecasted to range between EUR 78 and 82 million. The vacancy rate is expected to remain in the low single-digit percentage range.

The 2024 Annual Report and a current company presentation are available for download at https://vib-ag.de/.

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

Contact VIB Vermögen AG

Investor Relations:
Tilly Park 1
86633 Neuburg/Danube
Phone: + 49 (0)8431 9077-961
Fax: + 49 (0)8431 9077-1961
ir@vib-ag.de