Cibus Nordic Real Estate

Christian Fredrixon is appointed new CEO for Cibus Nordic Real Estate AB (publ)

REG

The Board of Directors of Cibus Nordic Real Estate AB (publ) ("Cibus") has appointed Christian Fredrixon as new CEO of the company. Mr Fredrixon will start his new position on 15 January 2024.

Christian Fredrixon has an extensive experience from financial markets as well as the real estate market in general and the daily-goods real estate segment in particular. Most recently, he served as the CIO for Vasakronan, one of the largest real estate companies in the Nordics. Before that he was CIO for ICA Real Estate for seven years, prior to which he was a partner at Catella for seven years. In both capacities he has i.a. been involved in the creation of many of the different JV structures set up in Sweden between ICA and various pension companies.

Mr Fredrixon, 46, is a Swedish national and holds an M.Sc. in Economics and Business Administration from the Stockholm School of Economics. He s started his career in the UK in investment banking and property financing at HSBC and CLS Holdings respectively.

- "The recruitment process has been intensive and the position as CEO of Cibus has attracted many good candidates. In Christian, we strongly believe we have found the most suitable one. His background both in finance, real estate and daily goods makes him the ideal CEO to lead the company forward.", says Patrick Gylling, Chairman of the Board.

- "Daily goods properties have, in one form or another, been a significant part of my career and I am thrilled to take on the role of CEO of Cibus, which is a company I have long followed with interest.", says Christian Fredrixon.

Sverker Källgården will continue as CEO until Mr Fredrixon starts. Sverker's last day will be 31 January 2024.

Stockholm 29 November 2023

For further information, please contact:
Patrick Gylling, Chairman of the Board, Cibus Nordic Real Estate (+358 40 5426 397)

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 450 properties in the Nordics. The main tenants are Kesko, Tokmanni, Coop, Lidl and S Group.

Datum 2023-11-29, kl 14:38
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