ARTICLES TAGGED WITH "Cibus"

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

Sweden 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 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 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 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 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 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 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 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 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.

Cibus Buys Swedish Properties

Sweden Sweden — Cibus Nordic Real Estate has signed acquisitions of three properties for SEK 34.5m. Two of the properties are signed and closed, and Cibus will accede the last one after the installation of a new ventilation system.

Cibus Acquires Property Portfolio for EUR 102 Million

Finland Finland — Cibus Nordic Real Estate has today the acquisition of a real estate portfolio of 7 assets in Finland for EUR 102 million. The transaction is targeted to close on December 17, 2020.

Cibus Makes New Acquisition and Announces Strong Pipeline

Finland Finland — Cibus has signed the acquisition of a newly constructed retail property in Kalajoki for EUR 12.4 million. In addition to the transaction Cibus has a strong pipeline of potential acquisitions amounting to approximately EUR 120 million, which to a large extent concerns one potential acquisition in Finland.

How Cibus Will Continue the Nordic Expansion

Nordic — Cibus’ CEO Sverker Källgården: “We are monitoring new geographies but…”

Future Expansion Plans for Cibus in Sweden

Sweden Sweden — Cibus Nordic’s Swedish CIO Peter Lövgren: ”A lot of investment opportunities.”

Cibus Buys Retail Property in the Turku Area

Finland Finland — Swedish listed property investor Cibus Nordic Real Estate AB has acquired a 5,000 sqm retail property located in the vicinity of the city centre of Parainen, in the Turku archipelago.

Peter Lövgren Appinted New CIO Sweden at Cibus

Sweden Sweden — Cibus Nordic Real Estate continue to build their organization by hiring Peter Lövgren as CIO Sweden, responsible for the Swedish operations. Peter will join Cibus on august 10th and will report to CEO Sverker Källgården.