The assets are located in the Kristiansand region on the south coast and have a lettable area of around 6,900 sqm. The Properties are fully let with Coop, Kiwi and Rema 1000 as anchor tenants on long-term lease agreements.
"We are pleased with this, and the other two acquisitions we have made in Norway in December. Together these acquisitions double the size of our Norwegian portfolio with attractive properties and strong cash flows. We look forward to our coming expansion on the Norwegian market as we are now truly established and an attractive buyer of grocery stores" says Sverker Källgården, CEO, Cibus Nordic Real Estate AB.