Cibus Nordic Real Estate AB Acquires Retail Property In Charlottenberg, Sweden
673 32, Charlottenberg, Värmland, Sweden
$28,300,000
Building Size
—
Asset Type
Retail
Closing
Nov 29, 2021
About this deal
AI
Cibus Nordic Real Estate AB has recently acquired a retail property located at Källgatan 10, 673 32 Charlottenberg, Sweden. The property, situated in the Charlottenberg sector, offers a prime retail location for businesses. The transaction took place on November 29, 2021, with a purchase price of €28,300,000. The vendor of the property was Concilia Retail Property AS & Skips AS Tudor.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: €28,300,000
- Address: Källgatan 10, 673 32 Charlottenberg, Sweden
- Sector: Charlottenberg, Sweden
Cibus Nordic Real Estate AB, a prominent property company, acted as the purchaser in this deal. The acquisition of this retail property presents a significant opportunity for the company in expanding its portfolio. Sverker Källgården captured an image of the property, providing a visual insight into its potential and appeal.
Players
Market Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.56%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93