News | Nordic Property News

ARTICLES TAGGED WITH "Cibus"

"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.

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.

Källgården's new reality after Cibus – brings life to an old company

Sweden — Sverker Källgården has now handed over the baton to Christian Fredrixon as the new CEO of Cibus. For his own part, work in the new company Källgården & Co is now on the menu. He tells Nordic Property News more about his own company, the ambitions for the future and his view of the real estate industry's conditions in 2024.

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.

Cibus increases the result in Källgården's last report

Nordic — On Tuesday, Cibus presented its interim report for the third quarter of 2023. The company was able to show an increased profit from property management during the third quarter, compared to the same period the year before. Leaving CEO Sverker Källgårdens submits his last interim report in a positive spirit: "I have a bright view of Cibu's future."

Patrick Gylling comments the CEO change at Cibus: "The financial carries a lot of weight"

Nordic — Sverker Källgården leaves Cibus as CEO after four years. Cibus' chairman of the board, Patrick Gylling, explains why the decision is coming now and what they are looking for in a future CEO.

Sverker Källgården on his time with and exit from Cibus

Nordic — Cibus is making a change at the very top. Sverker Källgården is stepping down as CEO and a successor is to be recruited. After the announcement, Sverker Källgården tells Nordic Property News about his feelings about leaving the company, how he views his time as CEO and how he views Cibus' status today, as well as his thoughts on his own future.

Cibus Acquires a Grocery Store

Denmark — Cibus has closed the acquisition of a grocery store in Denmark for EUR 2.3m. The property is acquired from a Danish private investor.

Iiris Eestilä New CIO Finland at Cibus

Finland — Cibus Nordic Real Estate continues to develop its organisation by hiring Iiris Eestilä as CIO Finland, responsible for the Finnish operations.

After the Major Sale to Cibus: This Is the Future for SG Nordic

Denmark — Erez Karti, Director and Founding Partner of SG Nordic, on the EUR 280 million divestment to Cibus, SG Nordic’s journey in Denmark through the years, and how the company moves forward now.

"We Want to Be the Market-leader in All Markets We Enter"

Nordic — Cibus has entered its fourth Nordic market through the major acquisition of EUR 280M portfolio in Denmark. CEO Sverker Källgården tells Nordic Property News about the ambitions in the Danish market, where they will look for acquisitions in the future, the strength of being in four Nordic countries, the competitive situation and the growing interest in grocery properties and about the opportunities for expansion outside the Nordic region.

Cibus Enters Denmark with Major Portfolio Acquistion

Denmark — Cibus Nordic Real Estate is on the verge of completing its first acquisition in Denmark with its intention to acquire a property portfolio consisting of 34 properties, with a property value of approximately DKK 2,080 million, approximately EUR 280 million.

Cibus on the Verge of Entering Denmark

Denmark — After the Norwegian entry: CEO Sverker Källgården on what makes Denmark an interesting market. “Monitored at the moment.”

Cibus Makes Acquisition on the Swedish-Norwegian Border: "Positive View of the Area"

Nordic — Cibus completes an acquisition right on the Swedish-Norwegian border. CEO Sverker Källgården tells Nordic Property News about the acquisition, the company's view of border trade and whether more border trade focused acquisitions are conceivable.

Cibus Makes New Finnish Acquisition

Finland — Cibus has signed the acquisition of five properties in Finland for EUR 5.2m. The properties are acquired from a private investor.

Sagax Becomes the Largest Owner in Nyfosa

Nordic — At the same time as the entry into the Cibus ownership group, Sagax makes an additional investment in Nyfosa and thus becoming the largest owner in the listed company. CEO David Mindus comments on the increased position in Nyfosa.

After the Major Purchase – Here Are Cibus' Growth Plans

Nordic — Cibus continues to make large portfolio acquisitions. After buying 72 properties in Finland from Sagax, CEO Sverker Källgården tells Nordic Property News about the growth strategy, getting a new large owner in the company, the plans for the second half of 2021 and about expansion opportunities to Norway and Denmark.

Cibus Acquires Portfolio from Sagax

Finland — Cibus Nordic Real Estate signs the acquisition of 72 grocery stores in Finland for EUR 71.6M and agrees on a directed share issue of 2,000,000 new shares to Sagax.

List Change for Cibus: Enters the Nasdaq's Main Market

Nordic — Nasdaq Stockholm's listing committee has approved Cibus' application for admission of the company's shares to trading on Nasdaq Stockholm's main market.

Cibus Acquires Finnish Portfolio

Finland — Cibus Nordic Real Estate has today signed the acquisition of a real estate portfolio of three assets in Finland for EUR 25.5 million. The transaction is targeted to close on May 17.