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November 30, 2020
Cibus Nordic Real Estate AB (publ) acquires two grocery stores in Finland

Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has today signed and closed the acquisition of two properties located in Helsinki and Lahti for EUR 1.5m.

The acquired assets have a total area of approx. 1,200 sqm and have been fully lease to S Group and Kesko, the weighted average lease length being over seven years.

"As communicated last week, we have a strong pipeline and out of these transactions this is the first ones to close. The market environment remains favourable for Cibus and we look forward to growing our portfolio with additional acquisitions", says Sverker Källgården, CEO of Cibus.

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 First North Premier Growth Market 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 more than 280 properties in the Nordic. The main tenants are Kesko, Tokmanni, Coop and S Group. FNCA Sweden AB, +46(0)8-528 00 399, is appointed Certified Adviser.