Cibus Real Estate AB (publ) is a specialized real estate investment and management company focused on the daily-goods and grocery retail sector. Headquartered in Stockholm, Sweden, the company's core business model revolves around acquiring, developing, and managing high-quality retail properties anchored by major grocery chains. Its portfolio comprises approximately 700 properties spread across the Nordic region (Finland, Sweden, Norway, Denmark) and Belgium.
Cibus generates revenue primarily through long-term, CPI-linked net or triple-net leases, which provide stable and predictable cash flows. Daily-goods tenants account for approximately 82% of the company's total rental income, and 95% of its properties feature grocery tenants. Key anchor tenants include leading European and Nordic retail chains such as Kesko, Tokmanni, Coop, S Group, Rema 1000, Salling, Lidl, Dagrofa, Jumbo, and Carrefour.
The company's competitive position is strengthened by its niche focus on the non-cyclical grocery sector, ensuring resilient tenant demand and high occupancy rates regardless of broader economic conditions. By focusing on properties where people buy their daily food, Cibus mitigates the risks associated with traditional retail real estate, such as the rise of e-commerce, while maintaining a high hedging ratio and long average lease terms.
