TM & Partners has advised Cibus on the acquisition of 13 grocery retail properties with Coop Väst as tenant

TM & Partners has advised Cibus on the acquisition of 13 grocery retail properties located in western Sweden with Coop Väst as tenant. The total investment amounts to SEK 400 million, and the annual rental income amounts to just over SEK 26 million. Coop Väst accounts for approximately 92 percent of the rental income and has signed new 12-year triple-net leases for all stores. The occupancy rate is 100 percent and completion is expected to take place at the end of November 2026.

In connection with the transaction, Cibus has also extended 17 of its existing leases with Coop Väst by 12 years, until December 2038, and the parties have signed a letter of intent to extend seven stores while extending those leases by 15 years.

For more information about the transaction, please see the following link:
https://www.fastighetsvarlden.se/notiser/cibus-koper-av-coop-for-400-mkr/

TM & Partners’ team consisted of:
Safa Mahmoudi (Partner)
Amela Balijaj (Managing Associate)
Catharina Ull (Managing Associate)
Matilda Andersson (Associate)
Selma Horgby (Associate)

For more information, please contact:
Safa Mahmoudi
Managing Partner
E-mail: safa.mahmoudi@tmpartners.se
Phone: +46 76 00 283 25