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VIB Vermögen AG increases forecast due to significant interest income from conclusion of a loan agreement with DIC Asset AG

VIB Vermögen AG, Tilly-Park 1, 86633 Neuburg/Donau, 07 July 2023

VIB Vermögen AG (ISIN: DE000A2YPDD0) will realise significant interest income as a result of the conclusion of a loan agreement with DIC Asset AG. As a result, the Managing Board now expects the key forecast figure for funds from operations (FFO) before taxes and minority interests* to be in a range between EUR 68 and 74 million (previously: EUR 58-64 million).

Following a resolution by the Managing and Supervisory Boards, VIB Vermögen AG today concluded a loan agreement to grant a loan of EUR 200 million with an interest rate at market conditions and a term of up to 2 years to the parent company DIC Asset AG. The loan is secured by a collateral package in favour of the company, as is customary in the market.

The Managing Board of VIB Vermögen AG

* Explanatory note: funds from operations in property management before amortisations, taxes, gains on sales and development projects, as well as from other one-off or non-cash earnings components.

Contact

VIB Vermögen AG

Investor Relations:

Tilly Park 1

86633 Neuburg/Danube

Tel.: + 49 (0)8431 9077-961

Fax: + 49 (0)8431 9077-1961

E-mail: [email protected]