Cibus Nordic Real Estate

The assets are located in Värmland and have a lettable area of 8,900 sqm. The anchor tenant is Pekås i Värmland AB (Coop) in five and ICA Sverige AB in one of the assets and the weighted average lease maturity is five years.

Quote from Cibus' CEO, Christian Fredrixon:

"We are pleased to announce that Cibus is yet again active in acquisitions. The properties in the transaction hold 88% daily-goods, contribute to positive earnings capacity per share and is our first transaction after a period of inactivity on the buy-side. We are hoping and evaluating more potential acquisitions, both of individual properties and of portfolios. We are looking at acquisitions in all our four Nordic markets but we are also following other European markets closely in line with our slogan "Converting food into yield"."