The assets have a total lettable area of approx. 58,000 sqm, have been built between 2007-2018 and are located in the Helsinki, Tampere, Turku and Seinäjoki regions. All assets have either Kesko, Tokmanni or S Group as an anchor tenant and the weighted average lease maturity is close to six years. In connection with the acquisition, Cibus establishes a new senior debt facility with OP Corporate Bank.

"The properties are a perfect match to our existing portfolio, and this is an excellent opportunity for us to grow rapidly with a single acquisition. Furthermore, we are very happy for the new cooperation including a senior loan facility with OP," says Sverker Källgården, CEO of Cibus.

Including this, and previously announced but not closed acquisitions the company assesses the total NOI on a yearly basis in the earnings capacity per December 31, 2020 to be EUR 72.6 million.