Cibus has today signed and completed the acquisition of an asset let to Tokmanni in Kemi (3,500 sqm) as well as the acquisition of one asset let to Lidl (2,200 sqm) and one to Halpa-Halli (5,300 sqm), both located in Saarijärvi, near Jyväskylä. The sellers were separate private developers and the combined total acquisition cost was €16.5 million.
The transactions were financed with senior debt. In conjunction with the transaction, discussions have been initiated regarding the refinancing of one of Cibus' senior-loan facilities. The refinancing of the senior facility is expected to lower the financing expenses of the portfolio as well as allow for further additional acquisitions.
"We are very happy to be able to start executing on the business plan we set out for Cibus at the time of the IPO. The acquired assets are let to leading daily-goods operators in Finland and thus fit well with the overall portfolio and have a small, but accretive effect on the cash flow of the Company." says Lisa Dominguez Flodin, CEO of Cibus Nordic Real Estate.
For further information, please contact:
Lisa Dominguez Flodin, CEO Cibus Nordic Real Estate (+46 70 237 71 12)
Cibus is a real estate company listed on Nasdaq First North in Stockholm with FNCA Sweden AB as Certified Adviser. The company's business idea is to acquire, develop and manage high quality properties in the Nordics with reputable grocery and discount store chains as anchor tenants. The company currently owns 126 properties in Finland. The main tenants are Kesko (58% of the properties), Tokmanni (25%) and S-Group (8%). An additional 6% of the properties are let to other daily-goods operators like Lidl, Halpa- Halli or independent grocers.
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.
Vid årsstämma den 11 april 2019 i Cibus Nordic Real Estate AB (publ) fattades i huvudsak följande beslut:
At the annual general meeting held on 11 April 2019 in Cibus Nordic Real Estate AB (publ) the main resolutions passed were the following:
Cibus Nordic Real Estate AB (publ) (the "Company" or "Cibus") has issued a senior unsecured bond loan of EUR 135,000,000 on 5 March 2018 on the Swedish bond market. The bonds carry a floating interest rate of EURIBOR 3m + 4.50 per cent. per annum and matures 26 May 2021.
Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has today signed the acquisition of a portfolio of five assets in Finland. The acquisition is financed with the credit facility included in the refinancing announced on 15 February 2019.
Komplettering avseende uppgift om Certified Adviser och kontaktuppgifter
Complementary information regarding the company's Certified adviser and contact information
Aktieägarna i Cibus Nordic Real Estate AB (publ), org. nr 559135-0599 kallas härmed till årsstämma torsdagen den 11 april 2019 klockan 09.30 i Pareto Business Management ABs lokaler på Berzelii Park 9, våning 9 i Stockholm.
The shareholders of Cibus Nordic Real Estate AB (publ), reg. no 559135-0599, are hereby invited to the annual general meeting, to be held on Thursday 11 April 2019 at 09:30 a.m. at the premises of Pareto Business Management AB, Berzelii Park 9, 9th floor in Stockholm, Sweden.
Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has signed the acquisition of a single asset located in Siilinjärvi, a suburb of Kuopio in Finland. The acquisition is financed with the facility included in the refinancing announced on 15 February 2019.
Cibus Nordic Real Estate AB (publ) ("Cibus" eller "Bolaget") offentliggör bokslutskommunikén för perioden 1 juli 2018 till 31 december 2018.
Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") releases the year-end report for the period of 1 July 2018 through 31 December 2018.
Cibus Nordic Real Estate AB (publ) ("Cibus" tai "Yritys") julkaisee tilinpäätöstiedotteen ajanjaksolle 1. heinäkuuta 2018 – 31. joulukuuta 2018.
Following the refinancing of the first of its three senior debt facilities, announced in November 2018, Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has now refinanced the second senior debt facility. The refinancing has a positive effect on the Company's future cash flows.
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