# Cibus Nordic Real Estate

> Clarifo company profile — qualitative business description generated from
> the company's filings. Financial statements, charts and ratios are
> available on Clarifo (https://www.clarifo.com/en/companies/cibusnordicrealestate).

## Overview

Cibus Nordic Real Estate is a real estate company listed on Nasdaq Stockholm Mid Cap. The company specializes in acquiring, developing, and managing high-quality properties in Europe, primarily focusing on grocery retail chains as anchor tenants. With over 670 properties, Cibus's main tenants include well-known chains such as Kesko, Tokmanni, Coop, S Group, and Lidl. The company's strategy is to convert food retail locations into stable yield-generating assets, leveraging its expertise in the European real estate market.

## Products & services

• Acquisition of high-quality properties
• Development of retail real estate
• Management of grocery-anchored properties
• Leasing to major retail chains
• Investment in solar panel installations

- **Property Acquisition** (40%) — Involves acquiring high-quality retail properties.
- **Property Development** (20%) — Focuses on developing retail real estate assets.
- **Property Management** (30%) — Managing properties with grocery chains as tenants.
- **Sustainability Initiatives** (10%) — Investing in solar panels and energy efficiency.

- Acquisition of high-quality properties
- Development of retail real estate
- Management of grocery-anchored properties
- Leasing to major retail chains
- Investment in solar panel installations

## Customers

Cibus Nordic Real Estate primarily serves large grocery retail chains across Europe. These customers seek stable, high-quality retail locations to anchor their operations. The company's tenants include major players like Kesko, Tokmanni, Coop, and Lidl, who value Cibus's strategic property locations and management expertise. By focusing on daily goods store chains, Cibus ensures a steady demand for its properties, driven by the essential nature of grocery retail.

- **Grocery Retail Chains** (primary) — Lease properties for stable retail operations.
- **Sustainability-focused Tenants** (emerging) — Attracted by solar panel installations.

- Grocery retail chains seeking stable retail locations
- Major tenants include Kesko, Tokmanni, Coop, and Lidl
- Customers value strategic locations and management expertise
- Focus on daily goods ensures steady demand

## Geography

Cibus Nordic Real Estate operates primarily in Europe, with a significant presence in the Nordic countries. The company's headquarters are in Stockholm, Sweden. Cibus's geographic focus allows it to leverage regional expertise and relationships with major retail chains. The company is also exploring opportunities in continental Europe to expand its property portfolio and enhance its market presence.

- Operates primarily in Europe with a focus on the Nordics
- Headquartered in Stockholm, Sweden
- Exploring expansion opportunities in continental Europe
- Leverages regional expertise and retail relationships

## Strategy

Cibus Nordic Real Estate's strategic priorities include expanding its property portfolio in existing and new markets, enhancing sustainability through investments in solar panels, and maintaining strong relationships with major retail tenants. The company aims to increase its market presence in continental Europe while ensuring stable returns from its current assets. By focusing on grocery-anchored properties, Cibus seeks to provide consistent yield and capitalize on the essential nature of grocery retail.

- **Expand in Continental Europe** (medium-term) — To increase market presence and diversify portfolio.
- **Sustainability Investments** (long-term) — To enhance property value and attract eco-conscious tenants.

- Expand property portfolio in existing and new markets
- Enhance sustainability through solar panel investments
- Maintain strong relationships with major retail tenants
- Focus on grocery-anchored properties for stable yield

## Risks

Cibus Nordic Real Estate faces several risks, including market fluctuations in property values, interest rate changes affecting financing costs, and tenant concentration risk with major grocery chains. Additionally, geopolitical risks in Europe could impact property operations and tenant stability. The company must also manage sustainability risks associated with its solar panel investments and regulatory changes in energy efficiency standards.

- **Market Fluctuations** [high] — Affects property values and investment returns.
- **Interest Rate Changes** [medium] — Increases financing costs and impacts profitability.
- **Tenant Concentration** [high] — Dependence on major grocery chains for rental income.

- Market fluctuations in property values
- Interest rate changes affecting financing costs
- Tenant concentration risk with major grocery chains
- Geopolitical risks in Europe affecting operations
- Sustainability risks from solar panel investments
- Regulatory changes in energy efficiency standards

## Accounting

Cibus Nordic Real Estate's financial statements are significantly impacted by the valuation of investment properties and the recognition of rental income. The company must carefully assess unrealized changes in property values and the impact of interest rate derivatives on financial results. Additionally, non-recurring items such as negative goodwill from acquisitions can affect profit from property management, requiring careful analysis to understand underlying performance.

- **Valuation of Investment Properties**
- **Interest Rate Derivatives**

- Valuation of investment properties affects financial statements
- Recognition of rental income impacts revenue reporting
- Unrealized changes in property values influence profitability
- Interest rate derivatives affect financial results
- Non-recurring items like negative goodwill impact profit

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*Last updated: 2026-08-11T04:04:51.586040+00:00*