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December 04, 2019
Cibus Nordic Real Estate AB (publ) acquires three assets in Finland

Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has today concluded the acquisition of a portfolio of three daily goods properties.

All three properties are let to Tokmanni with long leases and the properties are located in Pieksämäki, Varkaus and Kitee. The total lettable area amounts to some 10,000 sqm.

"The Finnish market is still strong and with this acquisition we continue our growth of 50 million euro per year. We keep our focus on grocery- and daily goods stores with "best in class tenants" that increase our earnings capacity", 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 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 142 properties in Finland. The main tenants are Kesko, Tokmanni and S-Group. FNCA Sweden AB, +46(0)8-528 00 399, is appointed Certified Adviser.