Cibus Nordic Real Estate AB (publ) signs the acquisition of 18 properties in Finland
Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has today signed the acquisition of 18 properties leased to S Group, Kesko and Tokmanni. The transaction is targeted to close on June 2, 2020.
All eighteen assets are anchored by S Group, Kesko or Tokmanni. The assets are located across Finland, have a total area of approximately 31,000 sqm and a weighted lease maturity of over five years.
"We have had our eyes on this portfolio for a long time and the fact that we can do this acquisition during these uncertain times shows the strength of the company. We have a non-cyclical business model that works and excellent relation with our banks.", says Sverker Källgården, CEO of Cibus.
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 Premier Growth Market 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 more than 250 properties in the Nordic. The main tenants are Kesko, Tokmanni, Coop 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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