Castellum acquires four properties in Gothenburg for SEK 178 million (SE)

Castellum AB has through the wholly owned subsidiary Eklandia Fastighets AB acquired four properties in the Tagene area, Kärra, Gothenburg. The properties consist of approx. 8,400 m² warehouse and industrial premises and are located near Eklandia's existing portfolio. The investment amounted to SEK 77 million (approx. €9 million) after reduction for assessed deferred tax. The buildings are fully let and the change of possession will take place May 31, 2013.


Further Eklandia has sold a property on Ringön, Gothenburg, of 2,500 m² office, warehouse and retail premises. The local plan for the property has changed and buyer is the municipality. The transaction amounted to SEK 15 million (approx. €1.75 million) net, which exceeded the latest valuation with SEK 3 million. The change of possession has taken place.


In Smista Allé, Huddinge, Fastighets AB Brostaden has started a new production of 2,184 m² business premises in Smista Allé, Huddinge, in connection to the company's existing portfolio. The investment is calculated to SEK 36 million (approx. €4.2 million) and to be completed during the last quarter 2013. The new building is constructed in accordance with Green Building-standard.


In Roserberg, Sigtuna, Brostaden has started a reconstruction of an existing building of 12,300 m². The investment is calculated to SEK 17 million (approx. €2 million) and to be completed during the first quarter 2013.


In Boländerna, Uppsala, Aspholmen Fastigheter AB has started a reconstruction and extension of approx. 1,000 m² business areas on a existing building of 6,800 m². The investment is calculated to SEK 26 million (approx. €3 million) and to be completed during the first quarter 2014. The building has an occupancy rate of 50%.


Further, Aspholmen has started a fully let extension in Brandthovda, Västerås, of 1,500 m² office and business areas. The investment is calculated to SEK 22 million (approx. €2.5 million) and to be completed during the first quarter 2014.


Source: Castellum


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