DGAP-News: VIB Vermögen AG: Ludwig Schlosser elected as new Chairman of the Supervisory Board
DGAP-News: VIB Vermögen AG
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VIB Vermögen AG: Ludwig Schlosser elected as new Chairman of the Supervisory Board
23.10.2019 / 07:30
The issuer is solely responsible for the content of this announcement.
Corporate News
VIB Vermögen AG: Ludwig Schlosser elected as new Chairman of the Supervisory Board
Neuburg/Danube, October 23, 2019 - At yesterday's meeting of the Supervisory Board, Mr.
Ludwig Schlosser unanimously elected as the new Chairman of the Supervisory Board of VIB Verrmögen AG. He succeeds Franz Xaver Schmidbauer, who resigns as Chairman of the
Supervisory Board and remains available to the Company as a member of the Supervisory Board.
'I am delighted that Ludwig Schlosser, the company's founder and experienced real estate and finance expert, has succeeded me as Chairman of the Supervisory Board,' said Franz Xaver Schmidbauer, former Chairman of the Supervisory Board of VIB Vermögen AG. Ludwig Schlosser, the new Chairman of the Supervisory Board, adds: 'It is particularly important to me to successfully continue the very close and trusting cooperation with the Management Board in the interests of the shareholders of our company. I am looking forward to this task.'
Contact us
Investor Relations:
VIB Vermögen AG
Petra Riechert Phone : + 49 (0)8431 9077-952
Tilly Park 1 Fax: + 49 (0)8431 9077-929
86633 Neuburg/Danube E-mail: petra.riechert@vib-ag.de
Profile of VIB Vermögen AG
VIB Vermögen AG is a medium-sized company specialising in the portfolio management of commercial real estate that has been operating successfully for 25 years now. The focus is on real estate from the logistics/light industry sectors as well as trade in the economically strong Southern German region. VIB shares have been listed on the Munich (m:access) and Frankfurt (Open Market) stock exchanges since 2005.
VIB's business model is based on a "develop-or-buy-and-hold" strategy: on the one hand, VIB acquires properties that have already been let, and on the other, it develops new properties from scratch in order to incorporate them permanently into its own portfolio and generate rental income from them. VIB also holds interests in companies with real estate assets.
23.10.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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