"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) firstname.lastname@example.org
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) ("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.
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.
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