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Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has signed the acquisition of five properties in Finland for EUR 5.2m. The properties are acquired from a private investor. The transaction is targeted to close on October 1, 2021.
The assets are located in Isojoki, Jurva, Kauhava, Karijoki and Vimpeli in the Southern Ostrobothnia region in Finland. The total lettable area of the assets is ca. 5,000 sqm. All five assets have been leased to S Group on long-term lease agreements, the weighted average lease maturity being close to ten years.
24 September 2021
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 more than 300 properties in the Nordics. The main tenants are Kesko, Tokmanni, Coop, Lidl and S Group.