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Cibus Nordic Real Estate has reported a strong increase in fourth-quarter rental income and property management profit, driven by portfolio growth and stable grocery-anchored assets. Rental income rose to EUR 44.3 million, while profit from property management reached EUR 19.3 million. The company continues to focus on opportunities within its Nordic markets and is also assessing potential expansion into continental Europe. It intends to propose an unchanged dividend of EUR 0.90 per share at its 2026 annual general meeting, reflecting confidence in cash flow stability.
Cibus Nordic Real Estate AB reported a rise in rental income for the fourth quarter, reflecting stable operations across its core markets in the Nordics. The company said it continues to see growth opportunities within its existing geographies while also evaluating entry into select markets in continental Europe as part of its longer-term strategy. Advertisement
During the quarter, rental income increased to EUR 44.3 million, compared with EUR 31.0 million in the corresponding period a year earlier. Profit from property management also improved, reaching EUR 19.3 million against EUR 11.1 million previously. The improvement was supported by portfolio expansion, rent indexation, and stable demand for grocery-anchored properties, which form the core of Cibus asset base.
The company operates primarily in Sweden, Finland, Denmark, and Norway, focusing on daily-goods retail properties with long-term leases and strong tenants. Over recent years, Cibus has steadily expanded its portfolio through acquisitions while maintaining a conservative financial structure, helping support predictable cash flows.
Looking ahead, the company said it plans to propose an unchanged dividend of EUR 0.90 per share at its 2026 annual general meeting, indicating confidence in its earnings stability despite broader uncertainty in European property markets.
Source Reuters
5th Jun, 2025
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