Baker McKenzie Guides Banks in Cibus Nordic Real Estate's Primary Share Issuance
Cibus Nordic Real Estate successfully completes a primary issuance of shares worth approximately SEK 1 billion, with Baker McKenzie providing legal guidance to the coordinating banks.
Cibus Nordic Real EstatePrimary IssuanceBaker MckenzieReal EstateBookbuildingReal EstateJun 18, 2025
Cibus is a prominent real estate company listed on Nasdaq Stockholm Mid Cap. The company's core business strategy is to acquire, develop, and manage high-quality properties in Europe, with a focus on grocery retail chains as anchor tenants. Currently, Cibus owns around 640 properties across Europe. Key tenants include Kesko, Tokmanni, Coop Sweden, S Group, Rema 1000, Salling, Lidl, Dagrofa, and Carrefour, which are all well-established and reputable names in the retail sector.
The issuance was managed by Pareto Securities and Van Lanschot Kempen, who acted as Joint Global Coordinators and Joint Bookrunners. Danske Bank also played a crucial role as a Joint Bookrunner. Legal guidance for these financial institutions was provided by Baker McKenzie, an internationally renowned law firm. The Baker McKenzie team included Joakim Falkner and Johanna Flink in Stockholm, along with Adam Farlow and Charles Farnsworth in London. Their expertise in international capital markets was instrumental in ensuring the smooth and successful completion of the issuance.
This primary issuance not only bolsters Cibus Nordic Real Estate's financial standing but also positions the company for further growth and strategic investments in the European real estate market. The proceeds from the issuance will be utilized to fund acquisitions, developments, and other strategic initiatives that align with the company's long-term vision.
Baker McKenzie's involvement in this transaction highlights the firm's commitment to providing top-tier legal services to clients in the financial and real estate sectors. The firm's global presence and deep understanding of capital markets make it a trusted advisor for complex transactions such as this one.
For Cibus Nordic Real Estate, this issuance represents a significant milestone in its journey to become a leading player in the European real estate market. The company's focus on high-quality properties with strong retail tenants positions it well for continued growth and success in the years to come.
Frequently Asked Questions
What is Cibus Nordic Real Estate?
Cibus Nordic Real Estate is a real estate company listed on Nasdaq Stockholm Mid Cap. It focuses on acquiring, developing, and managing high-quality properties in Europe, with grocery retail chains as anchor tenants.
How much was the primary issuance of shares?
The primary issuance of shares was approximately SEK 1 billion.
Who were the Joint Global Coordinators and Joint Bookrunners?
Pareto Securities and Van Lanschot Kempen acted as Joint Global Coordinators and Joint Bookrunners, while Danske Bank acted as Joint Bookrunner.
What role did Baker McKenzie play in this transaction?
Baker McKenzie provided legal advisory services to Pareto Securities, Van Lanschot Kempen, and Danske Bank, ensuring the smooth and successful completion of the primary issuance.
What are the key tenants of Cibus Nordic Real Estate?
The key tenants of Cibus Nordic Real Estate include Kesko, Tokmanni, Coop Sweden, S Group, Rema 1000, Salling, Lidl, Dagrofa, and Carrefour.
Related News Articles
India's Rise to Realty Prominence: A Billion-Dollar Boom
India is accelerating to become the real estate capital of Asia, with a total valuation of Rs 14.2 trillion among the top 100 realty companies.
Maharashtra Cabinet Renames Pune Airport After Sant Tukaram Maharaj
The Maharashtra Cabinet has approved a proposal to rename Pune airport after the 17th-century Warkari saint and poet, Sant Tukaram Maharaj.
The Downfall of Real Estate Moguls: Alexander Brothers Arrested in Miami
In a shocking turn of events, the renowned real estate moguls, the Alexander Brothers, were recently arrested in Miami. This news has sent ripples through the business community, leaving many to wonder what led to their downfall.
Luxury Homes, Toxic Air: The Urban Pollution Paradox in India
Nithin Kamath, a prominent real estate analyst, highlights the growing concern of urban pollution in major Indian cities like Delhi, Mumbai, and Bengaluru. Despite seeing a surge in luxury real estate, these cities struggle with alarming levels of air pol
Tragic Incident: Two Workers Killed, One Injured as Slab Collapses in Chikhla Mines
A devastating slab collapse in the Chikhla mines of Manganese Ore (India) has resulted in the death of two workers and left one injured. The incident has raised serious concerns about safety protocols in the mining industry.
Women Home Buyers Witness 14% Surge in 2024: Report
A recent report by Square Yards, titled 'Key Holders of Change - Women Driving Real Estate Growth and Transformation,' reveals a significant 14% increase in women homebuyers in 2024.