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May 31, 2019
Cibus Nordic Real Estate AB (publ) closes transaction announced in March

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.

As previously announced, the properties are all newly built and let to Kesko and Tokmanni on long leases. They have a combined area of some 15,800 sqm and the total acquisition cost is around €25 million. The sellers are Veikko Laine Oy and Castor Real Estate Oy.

"In March, we announced the signing of two acquisitions to be closed in May and June. The deal closed today was the larger one of the two and the other one is also proceeding as expected. We are also working on the refinancing of the remaining senior debt facility and a number of further acquisitions related thereto. We hope to be able to announce something regarding this in the coming months." says Sverker Källgården, CEO of Cibus.

31 May 2019

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 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 138 properties in Finland. The main tenants are Kesko, Tokmanni and S-Group. FNCA Sweden AB, +46(0)8-528 00 399 info@fnca.se, is appointed Certified Adviser.