on VIB Vermögen AG (isin : DE0002457512)
VIB Vermögen AG Expands Portfolio with New Office Properties
On November 7, 2024, VIB Vermögen AG announced the acquisition of two office properties from Branicks Group AG. Located in Mannheim and Offenbach, these fully let properties were acquired through a share deal that closed in September.
VIB Vermögen specializes in commercial real estate development, acquisition, and management. The new acquisitions are part of the company's strategy to diversify its portfolio across office, logistics, and light industrial assets. The properties offer a total rental space of 27,838 m², generating an annual rent of approximately EUR 3.8 million.
Dirk Oehme, CEO of VIB Vermögen AG, stated that the acquisition aligns with the company's growth strategy and regional expansion within the office asset class.
R. H.
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