Vib Vermogen spends EUR 26m on acquisitions

Vib Vermogen, the commercial real estate investor focused on Southern Germany, has expanded its portfolio with three new investments costing a total of EUR 26 mln. The assets are a shopping arcade in Lauf, a logistics centre under development in Mitterteich, and a land site in Frankfurt. The deals add 27,400 m[sup]2[/sup] of lettable area to Vib's holdings. The company also announcement the completion of a logistics property in Herten.

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