VIB Vermogen AG 2022 AR2
The report details the financial and operational performance of VIB Vermögen AG for the fiscal year 2022. Despite a challenging macroeconomic environment, the company achieved record results, with gross rental income increasing by 3.8% to EUR 93.8 million and consolidated net income rising by 76.2% to EUR 54.7 million. VIB expanded its business model to include property management for institutional investors, launching the 'Institutional Business' division. The company also focused on streamlining its portfolio towards logistics and light industrial properties, which represented 80.6% of its total useful area by year-end.
Company: VIB Vermogen AG
Sector: Real Estate
Country: Germany
Year: 2022
Type: AR2
Pages: 125
VIB Vermogen AG
Annual Report
The report details the financial and operational performance of VIB Vermögen AG for the fiscal year 2022. Despite a challenging macroeconomic environment, the company achieved record results, with gross rental income increasing by 3.8% to EUR 93.8 million and consolidated net income rising by 76.2% to EUR 54.7 million. VIB expanded its business model to include property management for institutional investors, launching the 'Institutional Business' division. The company also focused on streamlining its portfolio towards logistics and light industrial properties, which represented 80.6% of its total useful area by year-end.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees