Castellum invest for €41,6 million and sells for €12 million (SE)

Castellum AB has, through the wholly owned subsidiary Eklandia Fastighets AB, acquired a fully let office and warehouse property of approx. 5,000 m² in Mölnlycke Buisness Park near Gothenburg. Eklandia already owns properties in the area and the investment further reinforces the presence. The investment amounted to SEK 85 million (approx. €9,5 million). The change of possession has taken place.
In central Lund Fastighets AB Briggen has sold a retail and residential property of 4,880 m². The transaction amounted to SEK109 million (approx. €12 million) after reduction for assessed deferred tax, which is in line with the latest valuation. The change of possession will take place the 1st October 2014. Further Briggen has started a reconstruction in Lund of fully let office premises of 1,820 m². The investment is calculated to SEK24 million (approx. €2,5 million) and to be completed during the first quarter 2015.
In Kopparlunden, Västerås, Aspholmen Fastigheter AB has started a new fully let extension and reconstruction of 6,100 m² of which 2,300 m² are reconstruction and 3,800 m² extension. The investment is calculated to SEK78 million (approx. €8,5 million) and to be completed during the first quarter 2016.
In Huddinge, south of Stockholm, Fastighets AB Brostaden has acquired a fully let logistic property of 6,790 m². The investment amounted to SEK70 million (approx. €7, 6 million) after reduction for assessed deferred tax. The change of possession has taken place.
In Varla, Kungsbacka, Harry Sjögren AB has started a new fully let extension and reconstruction of 6 000 m² to modern and effective warehouse and office. The investment is calculated to SEK42 million (approx. €4,6 million), will be completed according to the environmental system Green Building, and to be completed during the first quarter 2015
Castellum AB (publ) discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.
Source: Castellum