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.
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