EQS-News: VIB Vermögen AG
/ Key word(s): Annual Results
VIB Vermögen AG presents successful financial year 2023
Neuburg/Donau, 30 April 2024. VIB Vermögen AG (“VIB”), a company specializing in the development, acquisition and portfolio management of commercial properties, looks back on a successful fiscal year 2023, even in times of a challenging market environment. VIB fully achieved the 2023 guidance. Strategically, VIB not only further increased its focus on the logistics and light industrial segment, but also built a profitable and liquidity-rich second business area, Institutional Business, within a year. 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 Vermögen AG 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. Also, selective disposals are part of the business strategy. In addition, VIB offers comprehensive property management services and solutions for institutional investors and holds interests in companies with real estate assets.
30.04.2024 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: | 1892077 |
End of News | EQS News Service |
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1892077 30.04.2024 CET/CEST
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