News

Here you can follow our press releases.

March 04, 2019
Cibus Nordic Real Estate AB (publ) continues to grow its portfolio through acquisitions

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.

The property signed today is let to Halpa-Halli on a long-term lease. It has an area of some 4,500 sqm and the total acquisition cost is around €5 million. The seller is a private developer. The closing of the transaction will take place at the end of June 2019.

"We are very happy to be able to continue the execution of the business plan for Cibus. The acquisition was financed through the recently refinanced credit facility. We expect to be able to announce further acquisitions in the near future." says Patrick Gylling, Chairman of the Board of Cibus.

4 March 2019

For further information, please contact:
Patrick Gylling, Chairman of the Board, Cibus Nordic Real Estate (+358 40 54 26 397)

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 reputable grocery and discount store chains as anchor tenants. The company currently owns 133 properties in Finland. The main tenants are Kesko (58% of the properties), Tokmanni (28%) and S-Group (8%). An additional 6% of the properties are let to other daily-goods operators such as Lidl. FNCA Sweden AB, +46(0)8-528 00 399 info@fnca.se,  is appointed Certified Adviser.