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