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June 15, 2021
Cibus Nordic Real Estate AB (publ) acquires a grocery store in Finland for EUR 2.2m

Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has today signed and closed the acquisition of a grocery store in Helsinki, Finland for EUR 2.2m.

The asset is located in the Pasila area approximately 3 km from the Helsinki city centre and has a lettable area of around 2,000 sqm. The property is fully let to Kesko with a long-term lease agreement.

Including this and previously announced acquisitions, the Company assesses the total NOI on a yearly basis in the earnings capacity per June 30, 2021 to be EUR 76.0m.

"The first half of 2021 has been good. Many great acquisitions have taken us over the low end of our growth target for the year. We look forward to the coming six months" says Sverker Källgården, CEO.

For further information, please contact:

Sverker Källgården, CEO, Cibus Nordic Real Estate (+46 761 444 888)
Pia-Lena Olofsson, CFO, Cibus Nordic Real Estate (+46 70 858 04 53)

Cibus is a real estate company listed on Nasdaq Stockholm Mid Cap. 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 over 300 properties in the Nordics. The main tenants are Kesko, Tokmanni, Coop, ICA and S Group.