The asset in Sweden is located in Taberg, Jönköping and has a lettable area of 1,000 sqm. The property is fully let with ICA Sverige as anchor tenant, and the weighted average lease maturity is approximately 2 years.

Signing of the Kalajoki acquisition was published in November, and after the condition's precedent being fulfilled the transaction has now been completed. The asset has been built in 2018 and has a lettable area of 9,400 sqm. The property is fully let with HalpaHalli and Tokmanni as anchor tenants, and the weighted average lease maturity is approx. 8 years.

"We continue to realize our pipe line and this is our first add on acquisition in Sweden after the acquisition of the Coop portfolio in March. It is satisfying to see that we can apply our successful strategy from Finland to grow our portfolio with single assets also in Sweden, we look forward to more acquisitions in 2021," says Sverker Källgården, CEO Cibus.