"Since the listing of Cibus, we have been working with a clear vision of growing the business through further acquisitions. In July, Cibus made its first add-ons by acquiring three properties in Finland. After the reporting period, six more assets were acquired. These acquisitions have increased the cash flow of the company and support our goal of providing our investors with a long-term, stable and high return. Cibus's first dividend payment was made after the end of the reporting period in October. Going forward, dividends will be paid quarterly." Comments from Patrick Gylling, chairman of the board.
- Market value of properties: EUR 784 million
- NOI, current earnings capacity (Nov 9): EUR 47.8 million (+7% since IPO)
- NOI, current earnings capacity (Sep 30): EUR 45.9 million
- Equity ratio: 42% · LTV, senior debt: 41%
- LTV, total net debt: 58% · Interest coverage ratio: 2.8x
- EPRA NAV/share: EUR 11.2
- Dividend per share per quarter: EUR 0.2
The interim report is published on Cibus's website on November 27, 2018.
Stockholm 27 November 2018
For further information, please contact:
Ingeborg Magnusson, IR contact Cibus Nordic Real Estate AB (publ) email@example.com
This information is information that Cibus Nordic Real Estate AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact person set out above, at 09:15 CET on 27 November 2018.
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) bjuder in till telefonkonferens/audiocast den 30 augusti kl. 14. Bolagets VD, Sverker Källgården och CFO, Pia-Lena Olofsson, presenterar bolagets delårsrapport på svenska.
Cibus Nordic Real Estate AB (publ) invite to teleconference and audio cast on August 30, 2019 at 14.00 CET. The company's CEO, Sverker Källgården, and CFO, Pia-Lena Olofsson, will present the interim report for the second quarter 2019 in Swedish.
Cibus Nordic Real Estate AB (publ), ticker symbol CIBUS, the real estate company that converts food into quarterly yield, announces that Nasdaq Stockholm approved Cibus for Nasdaq First North Premier. The move to Nasdaq First North Premier is a natural next step in the preparations for the main market listing which is a prerequisite for inclusion in the EPRA-index.
Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has this week through three separate transactions added three daily goods properties to its portfolio. The company has furthermore signed the acquisition of one property, which is estimated to close in January 2020 upon completion. One of the deals closed this week was already signed and announced on 4 March 2019.
Following the refinancing of the first two of its three senior debt facilities, announced in November 2018 and February 2019, Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has now refinanced the final remaining senior debt facility. The refinancing has a positive effect on the Company's future cash flows.
Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has today closed the acquisition of a portfolio of five assets in Finland. The acquisition was signed and announced on 25 March 2019.
Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") continues to build the organisation
SFC Holding S.á r.l. ("SFC"), a company owned by Sirius Fund I Grocery SCSp and Sirius Fund II SCSp, has sold a significant part of its shares in Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") in an accelerated book-building process, reducing its ownership share by three quarters to approx. 10.3%.
Cibus Nordic Real Estate AB (publ) ("Cibus" eller "Bolaget") publicerar delårsrapport Q1 för perioden 1 januari 2019 till 31 mars 2019.
Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") releases the interim report for the period of 1 January 2019 through 31 March 2019.
Cibus Nordic Real Estate AB (publ) ("Cibus" tai "Yritys") julkaisee Q1 osavuosikatsauksen ajanjaksolle 1. tammikuuta 2019 – 31. maaliskuuta 2019.
Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") continues to build its own organization with the recruitment of a CFO.
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.
Converting food into yield