Cibus Nordic Real Estate

M&A Activity • Nov 29, 2021

Cibus Nordic Real Estate AB (publ) signs an acquisition in Sweden for EUR 28.3m

Cibus Nordic Real Estate AB (publ) has signed the acquisition of Charlottenberg trade park consisting of two separate assets in Sweden for EUR 28.3m. The properties are acquired from Concilia Retail Property AS and Skips AS Tudor. The transaction is targeted to close on December 16, 2021.

The assets are located in Charlottenberg in Eda approximately 6 km from the Norwegian border and has a lettable area of around 14,000 sqm. ICA Sverige is the sole tenant in one asset built in 2021 and Lidl the anchor tenant in the other asset, the weighted average lease maturity being close to six years.

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.

Cibus Nordic Real Estate AB (publ) | Kungsgatan 56 | 111 22 Stockholm | Sweden Tel: +46 (0)761 444 888 | Reg no. 559135-0599 | www.cibusnordic.com