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VIB Vermögen AG acquires eight properties from Branicks to strengthen its commercial property portfolio

PRIVATEMar 26, 2024

Acquiring Company

VIB Vermögen AG

Neuburg (Donau)Real Estate

Description

VIB Vermögen AG, specializing in the development, acquisition, and portfolio management of commercial properties, has successfully completed the acquisition of eight properties from Branicks Group AG. This strategic transaction further strengthens VIB’s position in the commercial property market and is expected to contribute to a positive performance in the 2024 financial year.

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Company Information

Company

VIB Vermögen AG

Location

Neuburg (Donau), Bavaria, Germany

About

VIB Vermögen AG is a medium-sized company specializing in the development, acquisition, and portfolio management of modern and sustainably profitable commercial properties. The company has been operating successfully in the market for over 30 years, with a focus on properties in the logistics and light industrial asset class. VIB's shares have been listed on the Munich (m:access) and Frankfurt (Open Market) stock exchanges since 2005.

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