Tokmanni Press release 8 July 2025 at 4:15 p.m.
Tokmanni has signed a sale and leaseback agreement with Cibus Nordic Real Estate AB for five of its retail properties. The agreed price of the properties is approximately EUR 21.6 million. The Tokmanni stores in Eurajoki, Pälkäne, Nikkilä in Sipoo (in the photo above) and Sodankylä, and the Tokmanni store under construction in Nilsiä in Kuopio have a total area of approximately 15,700 square metres. The transaction date for the properties in Eurajoki, Pälkäne, Nikkilä in Sipoo and Sodankylä has been agreed to be 9 July 2025, and the transaction date for the property to be completed in Nilsiä in Kuopio will be in the last quarter of the current year.
The sale of the properties will not affect the operations of Tokmanni stores in question, as Tokmanni has entered into 10-year lease agreements with Cibus Nordic Real Estate AB.
“The transactions are part of Tokmanni’s property management strategy, which aims to sell and lease back properties it has constructed for business use. The arrangement improves Tokmanni’s liquidity and supports investments into new projects. After the sale of these properties, Tokmanni will still retain ownership of two store properties in Finland,” says Harri Koponen, Vice President, Store Network and Concept for Tokmanni Group’s operations in Finland.
TOKMANNI
For further information, please contact:
Harri Koponen
Vice President, Store Network and Concept
Tokmanni
Tel. +358 20 728 6030
harri.koponen(at)tokmanni.fi
Maarit Mikkonen
Head of IR and Communications
Tokmanni
Tel. +358 40 562 2282
maarit.mikkonen(at)tokmanni.fi
In Finland, calls to a number beginning with +358 20 will be charged according to the local network charge or mobile phone fee defined in the subscription contract. Calls from abroad costs will be charged according to the normal international call fee defined in the subscription contract.
Tokmanni Group Corporation is one of the leading variety discount retailers in the Nordics. More than 6,000 employees in Finland, Sweden and Denmark make customers’ everyday life and special occasions easier by offering a versatile and up-to-date assortment of nordic and international brand-name products and other high-quality products at prices that are always affordable. With more than 380 Tokmanni, Dollarstore, Big Dollar, Click Shoes and Shoe House stores and online stores, the Group is always close to its customers. In addition, the Tokmanni Group has had exclusive rights to sell SPAR products and operate the SPAR brand in Finland since 2025. In 2024, the Group’s revenue was EUR 1,675 million and comparable EBIT amounted to EUR 100 million. The Tokmanni Group Corporation’s shares are listed on Nasdaq Helsinki.
