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ARTICLES TAGGED WITH "Christian Fredrixon"

Cibus expands in Denmark – buys large portfolio from ATP

Denmark — Cibus enters into an agreement for the acquisition of 31 grocery stores in Denmark for a purchase price and an underlying property value of MDKK 879, corresponding to circa MEUR 118.

"Supermarket love" leads Cibus forward

Nordic — From Cibus' point of view, it is becoming clear that grocery retailing is a stable and non-cyclical industry. The company sees interesting opportunities in all existing markets and is also actively evaluating new markets in Continental Europe. "We continue to develop the company with our internal passion which we call 'Supermarket Love'", explains CEO Christian Fredrixon.

Cibus acquires in Borlänge

Sweden — Cibus Nordic Real Estate acquires one grocery store in Sweden for an underlying property value of SEK 75 million.

Cibus acquires three grocery stores in Finland

Finland — Cibus Nordic Real Estate has during October 2024 through three separate transactions acquired three grocery stores in Finland for an underlying property value EUR 14.8 million.

How Cibus wants to grow after the new acquisition in Denmark

Denmark — Cibus continues its growth journey with a new acquisition in Denmark. After the latest deal, CEO Christian Fredrixon tells Nordic Property News about the acquisition plans after the latest capital raising, how they want to grow further in the Nordics and why they have started to investigate business opportunities in Continental Europe.

Cibus buys five properties in Denmark

Denmark — Cibus has signed an acquisition of five grocery stores in Denmark for an underlying property value DKK 107.7 million (equivalent to approximately EUR 14.5 million). The properties are acquired from the grocery chain Dagrofa ApS in a Sale and Leaseback transaction. The transaction is carried out as a share deal and closing is set for 1 October 2024.

Ten percent down on Cibus management results

Nordic — The real estate company Cibus reports a lower management result during the second quarter, compared to the same period the year before.

Cibus acquires from Företagsparken

Sweden — Cibus has signed an acquisition of six grocery anchored assets in Sweden for SEK 87.5 million. The assets are acquired from Företagsparken and the closing of five of the assets takes place immediately and the remaining property is planned to be closed during July later this year.

Cibus' new CEO: "Good financial support from the banks for new transactions"

Sweden — Cibus reports an increase in rental income by six percent and an increase in net operating income by six percent in the fourth quarter. The management result amounted to SEK 132 million. “Even during this quarter, earning power per share increases, which is gratifying and a receipt that the active measures taken in 2023 have borne fruit”, says CEO Christian Fredrixon.

Cibus appoints new CEO: "A natural step"

Nordic — Cibus has found the successor to Sverker Källgården. The new CEO from mid-January will be Christian Fredrixon. Chairman of the board Patrick Gylling tells Nordic Property News why the choice fell on Christian Fredrixon, and Fredrixon himself talks about his new role, and gives his view on the company and the market.

Vasakronan Appoints New CIO

Sweden — Vasakronan has recruited Christian Fredrixon as Chief Investment Officer. He replaces Johanna Skogestig who left the position last fall to become CEO of the company.

Ica Real Estate Acquires 1,300,000 sqm in Stockholm

Sweden — Ica Real Estate acquires the property Tång 2: 5 in Brunna in Upplands-Bro outside Stockholm. The property amounts to just over 1,300,000 square meters.