Cibus Nordic Real Estate AB (publ) (OM:CIBUS) entered into an agreement to acquire property portfolio of 12 grocery stores in Norway from AKA AS for approximately NOK 470 million on September 29, 2025. A cash consideration of NOK 471.2 million will be paid by Cibus Nordic Real Estate AB (publ). As part of consideration, NOK 471.2 million is paid towards assets of property portfolio of 12 grocery stores in Norway. In Denmark, Cibus has strengthened its team by opening its own office and appointing Anders Vibe Andreasen as Head of Asset Management Cibus Denmark. Anders joins from Fokus Nordic, where he worked as Fund Manager, and has previously held roles at Danske Bank and PostNord. Anders assumed his new position on 1 September 2025.

The transaction is structured as a share deal and consists of nine properties with closing on 15 October 2025 and three properties with closing on 15 December 2025.