Castellum AB (publ) has acquired, through its wholly owned subsidiaries Fastighets AB Brostaden and Fastighets AB Briggen, a property portfolio which consists of a central building in Stockholm and three properties in Copenhagen.
In Stockholm Brostaden acquires an office building of 11,500 m² and parking facilities in Marievik, an area with an established office market and good communications. The investment amounted to SEK324 mln (€34.5 mln).
In Denmark Briggen acquired office and warehouse properties totaling 51,200 m² of office and warehouse is located in Albertslund, Brøndby and Søborg in the northwestern part of the Greater Copenhagen expected to have potential because it is planned for infrastructure development in the area. Briggen now growing in a part of Copenhagen where they already is established. The investment amounted to SEK383 mln (€40.8 mln). The change of possession will take place 28 January 2015.
Briggen has also acquired a fully let office building of 2,600 m² in Herlev business park, Greater Copenhagen. The investment amounted to SEK34 mln (€3.6 mln). The change of possession has taken place.
The acquisitions in Copenhagen more than doubles Briggen´s property portfolio in Denmark.
"This makes us stronger on two of our markets. In Stockholm by another property with good location and in Copenhagen by grow where we already are established", says Henrik Saxborn, CEO of Castellum.
Briggen has also acquired a fully let office and warehouse property in Väla Southern Helsingborg of 2,800 m². The investment amounted to SEK21 mln (€2,2 mln). The change of possession has taken place.