Castellum invests SEKm 146 and sells for SEKm 24 (SE)

Castellum has decided on new construction for SEKm 100 (approx. €11 million). Further, tree properties have been acquired through wholly owned subsidiaries for SEKm 46 (approx. €5 million) and five properties have been sold for SEKm 24 (approx. €3 million).

In Smista Allé, Stockholm, Fastighets AB Brostaden is about to build a full-service facility with a lettable area of 6,500 m² for approx. SEKm 100. A ten year lease contract has been signed with Thituson Bil AB and the building will be used for selling and service of Mercedes Benz, Chrysler and Jeep. Time for moving in is planned to the turn of the half-year 2006.

Harry Sjögren AB has acquired an office property of 4,700 m² lettable area for SEKm 36. The property also holds an unutilized building permission of approx. 4,000 m². At the time of taking possession, on August 31, the property will be unlet. The property is located in Åbro in Mölndal were the company already owns a significant number of properties.

Fastighets AB Corallen has acquired and taken possession of two industrial properties with a total lettable area of 3,200 m² for SEKm 10. The properties are located in Norregård industrial estate in Värnamo where the company already owns one property in the same block. Further, Corallen has sold two properties of undeveloped land in Gnosjö for SEKm 1.

In Helsingborg, Fastighets AB Briggen has sold and given up possession of a residential property of 900 m² to a new tenant owners' association. The sales price of SEKm 11 exceeded the fair value by SEKm 3.

Eklandia Fastighets AB has sold a warehouse and industrial property of 1,500 m² in Kungälv. The sales price of SEKm 8 was equivalent to fair value and possession will be given up in the middle of August.

Aspholmen Fastigheter AB has sold and given up possession of an industrial property of 650 m² in Märsta. The sales price of SEKm 4 exceeded the fair value by SEKm 1.

Source: Castellum

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