Cibus Nordic Real Estate AB (publ) Year-end Report 23 November 2017 - 30 June 2018

Cibus Nordic Real Estate AB (publ) Year-end Report 23 November 2017 - 30 June 2018 Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") releases the first year-end report (Sw: Bokslutskommuniké) for the period of 23 November 2017 through 30 June 2018.

"Our entry into the real estate market equipped with a portfolio of 123 Finnish properties anchored by grocery- and daily-goods tenants has given us a brilliant start on our long-term journey to provide our investors with long-term, stable and high return.

Through active management, we strive to continuously improve our portfolio and cash flow. Delivering the return, we promised in our first report, gives us even more confidence to say that our journey has just begun." Comments from Lisa Dominguez Flodin, CEO.

  • Rental income for the reporting period amounted to TEUR 14 756
  • The economic occupancy rate was 95 % at the end of the reporting period
  • The operating costs for the reporting period totalled TEUR 2 772 and net operating income amounted to TEUR 14 114, which resulted in a surplus ratio of 95.6 %
  • For the reporting period profit from property management amounted to TEUR 8 197, corresponding to EUR 0.26 per share. The unrealised changes in value of investment properties amounted to TEUR 30 275
  • The profit for the period totaled TEUR 32 901 corresponding to EUR 1,1 per share
  • EPRA NAV per share 11.0 EUR
  • Current earnings capacity as per July 2018 is presented in the year-end report
  • The Board proposes a quarterly dividend of EUR 0.20 per share for the coming three quarters until the next AGM

The annual report will be published on Cibus' website on September 20, 2018.

Stockholm 18.09.2018

For further information, please contact:
Lisa Dominguez Flodin, CEO Cibus Nordic Real Estate AB (publ)
+46 70 237 71 12, lisa.d.flodin@cibusnordic.com

This information is information that Cibus Nordic Real Estate AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information was submitted for publication, through the agency of the contact person set out above, at 14:35 CET on 18 September 2018.

Cibus is a real estate company listed on Nasdaq First North in Stockholm with FNCA Sweden AB as Certified Adviser. The company's business idea is to acquire, develop and manage high quality properties in the Nordics with reputable grocery and discount store chains as anchor tenants. The company currently owns 126 properties in Finland. The main tenants are Kesko (58% of the properties), Tokmanni (25%) and S-Group (8%). An additional 6% of the properties are let to other daily-goods operators like Lidl, Halpa-Halli or independent grocers.

Cibus Nordic Real Estate AB (publ) refinances the second of its three senior debt facilities

Following the refinancing of the first of its three senior debt facilities, announced in November 2018, Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has now refinanced the second senior debt facility. The refinancing has a positive effect on the Company's future cash flows.


Cibus Nordic Real Estate AB (publ) refinances the second of its three senior debt facilities

Following the refinancing of the first of its three senior debt facilities, announced in November 2018, Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has now refinanced the second senior debt facility. The refinancing has a positive effect on the Company's future cash flows.


Sverker Källgården joins as new CEO for Cibus Nordic Real Estate AB (publ)

The board of directors of Cibus Nordic Real Estate AB (publ) ("Cibus",) has appointed Sverker Källgården as new CEO of the company. Mr Källgården will start his new position on 4 March 2019.


Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") releases the interim report for the period of 1 July 2018 through 30 September 2018

"Since the listing of Cibus, we have been working with a clear vision of growing the business through further acquisitions. In July, Cibus made its first add-ons by acquiring three properties in Finland. After the reporting period, six more assets were acquired. These acquisitions have increased the cash flow of the company and support our goal of providing our investors with a long-term, stable and high return. Cibus's first dividend payment was made after the end of the reporting period in October. Going forward, dividends will be paid quarterly." Comments from Patrick Gylling, chairman of the board.


Cibus Nordic Real Estate AB (publ) refinances part of its senior debt and continues to grow its portfolio through acquisitions

Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has signed the acquisition of a portfolio of six daily-goods properties in Finland. In conjunction with the transaction, Cibus has refinanced one of its three senior-loan facilities. The new €142 million facility has a lower margin than the previous one and includes the financing of the portfolio acquired today. The acquisition and the refinancing will have a positive effect on the Company's future cash flow.


Cibus Nordic Real Estate AB (publ) CEO resigns

The CEO of Cibus Nordic Real Estate AB (publ) ("Cibus") Lisa Dominguez Flodin, has reached an agreement with the board of the company to leave the company and resign as CEO. The company will start a recruitment process with the aim of finding a new CEO. In the meantime, the board member Jonas Ahlblad will serve as interim CEO.


Annual general meeting on 18 October 2018 in Cibus Nordic Real Estate AB (publ)

At the annual general meeting held on 18 October 2018 in Cibus Nordic Real Estate AB (publ) the main resolutions passed were the following:


Notice to annual general meeting in Cibus Nordic Real Estate AB (publ)

The shareholders of Cibus Nordic Real Estate AB (publ), reg. no 559135-0599, are hereby invited to the annual general meeting, to be held on Thursday 18 October 2018 at 10:30 a.m. at the premises of Pareto Business Management AB, Berzelii Park 9, 9th floor in Stockholm, Sweden.


Cibus Nordic Real Estate AB (publ) Year-end Report 23 November 2017 - 30 June 2018

Cibus Nordic Real Estate AB (publ) Year-end Report 23 November 2017 - 30 June 2018 Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") releases the first year-end report (Sw: Bokslutskommuniké) for the period of 23 November 2017 through 30 June 2018.


Cibus Nordic Real Estate AB (publ) releases year-end report (Sw: Bokslutskommuniké) two days earlier

Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has previously stated that the year-end report (Sw: Bokslutskommuniké) will be released on September 20, 2018. Since the report will be finalized earlier, the board has decided to release the report two days earlier, thus September 18, 2018.


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