Castellum has through wholly owned subsidiaries acquired 12 properties for €68.85 million , decided on investments in an existing property of €2.84 million and sold one property for €1.42 million.
A commercial property in Uppsala with a lettable area of approx. 10,000 m² has been acquired for €13.01 million. The property, located in the shopping area Boländerna, holds an unutilized building permission of approx. 3,000 m² At the time of taking possession on June 1st, in principle all premises were let.
A commercial property in Örebro with a lettable area of approx. 10,500 m² has been acquired for € 4.48 million. The property located in the Holmen area, holds an unutilized building permission of approx. 6,000 m² The nearness to E18/E20 provides good exposure as well as good accessibility. At the time of taking possession in May the occupancy rate was approx 75 %.
Further more three smaller commercial properties, one in Örebro, one in Malmö and one in Växjö with a total lettable area of approx. 4,800 m² and one undeveloped property in Malmö with a land area of 8,200 m² have been acquired for a total of €3.72 million.
Following the signing of a six year lease contract refurbishment and new construction have started on Sesamfröet 1 in Mölndal. Approx. 2,000 m² will be refurbished and approx. 1,000 m² is new construction. At the time of taking possession in the autumn of 2005, the property was unlet. The investment will amount to €2.84 and at the time of moving in, which is set to the turn of the year 2006/2007, all premises will be let.
A smaller residential property in the eastern parts of Gothenburg has been sold for €1.42 million. The property holds 14 apartments with a total area of approx. 1,000 m².
The above mentioned transactions have been completed during May and June.
In the beginning of July, six commercial properties located in Solna, Kista, Vällingby and Upplands-Väsby with a total lettable area of approx 48,000 m² mostly office premises, have been acquired for SEKm 436. All properties have good access to major roads and good public transportations. At the time of taking possession, which will be at the turn of the months August/September, the economic occupancy rate is estimated to approx. 45%.
The present managing director of the subsidiary Fastighets AB Briggen, Bengt Arne Johansson, will after 10 years as MD, retire during the second part of 2006. As new managing director from September 1st, 2006, Gunnar Östenson has been appointed. Gunnar Östenson has previously been active in IKEA and Skanska.
Source: Castellum
