- Four new properties acquired in Southern Germany
- Total 2011 investment volume of € 64 million to generate average 8.2% rental yield
VIB Vermögen AG, Southern Germany's leading listed commercial real estate company, has completed the purchase of four further high-yielding properties at Group level. With a total volume of € 19.4 million (including incidental costs), the acquired properties generate an average 8.8% annual return, as well as € 1.7 million of additional rental income. The company's total rentable space has increased by 18,000 m² due to this expansion of the real estate portfolio.
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