All eighteen assets are anchored by S Group, Kesko or Tokmanni. The assets are located across Finland, have a total area of approximately 31,000 sqm and a weighted lease maturity of over five years.
"We have had our eyes on this portfolio for a long time and the fact that we can do this acquisition during these uncertain times shows the strength of the company. We have a non-cyclical business model that works and excellent relation with our banks," says Sverker Källgården, CEO of Cibus.
Cushman & Wakefield was adviser to the seller.