Cibus Nordic Real Estate AB (publ) sells a daily-goods store to the tenant
Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has today sold an asset located in Kuopio, Finland to the tenant. The price exceeded significantly the valuation of the asset, but since the asset was small the effect on the Company metrics is also small.
The asset sold is an S-market of some 1,650 sqm located in a property in Kuopio where Cibus also owns the adjacent K-market of a similar size.
"We continue our activity in the Finnish market. Although our focus is on acquisitions, sometimes it is of mutual interest with our tenants to reach a solution like the one we did today." says Sverker Källgården, CEO of Cibus.
12 April 2019
For further information, please contact:
Sverker Källgården, CEO, Cibus Nordic Real Estate (+46 761 444 888)
Cibus is a real estate company listed on Nasdaq First North in Stockholm. The company's business idea is to acquire, develop and manage high quality properties in the Nordics with daily goods store chains as anchor tenants. The company currently owns 138 properties in Finland. The main tenants are Kesko, Tokmanni and S-Group. FNCA Sweden AB, +46(0)8-528 00 399 [email protected], is appointed Certified Adviser.
Om Cibus
Cibus affärsidé är att förvärva, förädla och utveckla högkvalitativa fastigheter i Norden med välrenommerade livsmedelsbutiker och dagligvarukedjor som ankarhyresgäster för att kunna ge en stabil, konjunkturoberoende och ökande utdelning till våra aktieägare.
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