OM:CIBUSReal Estate
Should Cibus Nordic Real Estate's Full Control of One+ and New Joint Venture Prompt Action From OM:CIBUS Investors?
Cibus Nordic Real Estate has acquired the remaining 69.35% stake in Belgian property company One+ NV from TS33, becoming its sole owner, and entered into a new 50/50 joint venture, Two+ NV, focused on grocery-anchored assets in Belgium, while divesting three non-daily-goods properties.
This activity consolidates Cibus's position in the Belgian market and secures a growth pipeline through the right of first refusal on TS33’s future retail developments.
We'll look at how Cibus's full...