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673 32, Charlottenberg, Vär...

Updated Dec 21, 2023

Cibus Nordic Real Estate AB Acquires Retail Property In Charlottenberg, Sweden
SOLDRetail

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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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

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