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September 30, 2021
Cibus Nordic Real Estate AB (publ) enters the Norwegian market by acquiring a portfolio of 8 properties for EUR 27.6m

Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has today signed the acquisition of a portfolio of 8 properties in south-eastern Norway for EUR 27.6m. Closing is planned to the 15th of October 2021.

The assets are located in south-eastern Norway and have a lettable area of around 8,700 sqm. The properties are fully let to Kiwi, Spar and Rema1000 and the average remaining lease period is over 9 years.

"We are happy to open up a new market as we now enter Norway with this acquisition. The assets are perfect for Cibus, supermarket sized grocery stores leased to the leading grocery companies in Norway on long leases. We look forward to our coming expansion in Norway" 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)

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 15:45 CEST on 30 September 2021.

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, Lidl and S Group.