Cibus Nordic Real Estate AB (publ)
STO:CIBUS

Watchlist Manager
Cibus Nordic Real Estate AB (publ) Logo
Cibus Nordic Real Estate AB (publ)
STO:CIBUS
Watchlist
Price: 145.85 SEK 0.66%
Market Cap: 12B SEK

Cibus Nordic Real Estate AB (publ)
Investor Relations

Cibus Nordic Real Estate AB engages in the acquisition, development, and administration of properties for grocery and store chains. The company is headquartered in Stockholm, Stockholm and currently employs 9 full-time employees. The company went IPO on 2018-03-09. The company owns a portfolio consisting of more than 100 properties with lettable area of approximately 437,860 square meters. The portfolio is concentrated primarily in Sweden, Finland, Denmark and Norway. The Company’s main focus lies on the Helsinki region and the southern part of Finland with tenants mainly being Kesko, Tokmanni and S-Group.

Show more
Loading
CIBUS
OMX Stockholm 30
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 4, 2025
AI Summary
Q3 2025

Profit Growth: Profit from property management rose 54% year-on-year, and 9% per share when excluding one-offs, reflecting strong operational performance.

Rental & NOI Surge: Rental income and net operating income both increased by 38% compared to Q3 last year, driven by acquisitions and stable demand.

Earnings Capacity: Earnings capacity per share grew for the ninth consecutive quarter, up 8% year-on-year and 2% quarter-on-quarter.

Lower Financing Costs: Average interest rate dropped below 4% (3.9%), with bank margins at an all-time low of 1.4%, supporting profitability.

Portfolio Expansion: Cibus acquired new assets in Norway and Belgium, and raised SEK 1 billion (about EUR 90 million) in June, quickly deploying it into accretive deals.

Stable Occupancy: Occupancy rate improved to 96.1%, helped by new lettings and higher-occupancy acquisitions.

Balance Sheet: Property value reached EUR 2.5 billion, and net loan-to-value stood at 56.1%. Interest coverage ratio increased to 2.4x.

Dividend Yield: Dividend yield was 5.9% based on the closing price, with monthly payments continuing.

Key Financials
Profit from property management
EUR 21.8 million
Profit from property management per share
EUR 1.07 per share
EPRA NRV
EUR 12.9 per share
Occupancy rate
96.1%
Property value
EUR 2.5 billion
Net loan-to-value (LTV)
56.1%
Interest coverage ratio
2.4x
Net debt to EBITDA
10.7x
Forward-looking net debt to EBITDA
9.7x
Average interest rate
3.9%
Bank margin
1.4%
Average capital maturity
2.3 years
Average fixed interest maturity
2.8 years
Dividend yield
5.9%
Number of shareholders
59,000
Portfolio assets
over 640 assets
WAULT (weighted average unexpired lease term)
5.8 years
Earnings Call Recording
Other Earnings Calls

Management

Mr. Christian Fredrixon
Chief Executive Officer
No Bio Available
Ms. Pia-Lena Olofsson
CFO & Head of IR
No Bio Available
Mr. Lauri Tiensuu
Chief Operating Officer
No Bio Available
Mr. Peter Lövgren
CIO of Sweden
No Bio Available
Mr. Marcus Kruus
CIO Denmark & Norway
No Bio Available
Ms. Iiris Eestila
CIO Finland
No Bio Available

Contacts

Address
STOCKHOLM
Stockholm
Kungsgatan 56
Contacts