Cibus Nordic Real Estate

Corporate Details

ISIN(s):

SE0010832204 (+7 more)

LEI:

549300PW36MFK96GCR23

Country:

Sweden

Address:

KUNGSGATAN, 56, 111 22 Stockholm

Website:

https://www.cibusnordic.com/

Sector:

Consumer Staples

Industry:

Consumer Staples Distribution & Retail

Description

We control and operate one of the Nordic’s largest and most strategic distribution networks for grocery trade and parcel services together with market leading grocery players such as Kesko, S Group, Coop, Tokmanni and Lidl. Cibus is running a pure play grocery anchored real estate strategy. The portfolio consists of daily goods and grocery properties all situated in Finland and Sweden. Many of the properties are situated in major cities and growth areas in Finland and Sweden. The lease agreements are often long term. More than 90% of the rental income is supported by anchor tenants like the leading grocery players such as Kesko, Coop and S Group and discount retailers with food like Tokmanni. Our grocery anchored real estate strategy enable us to leverage on and continue to create scale in a market with market-leading grocers where we can apply hands-on real estate expertise through a proactive approach to unlock value.