Castellum sells properties for SEKm 168 and acquires for SEKm 94 (NO)

During February 2005 Castellum has, through wholly owned subsidiaries, sold eight properties, of which four were residential properties, for SEKm 168 and acquired two commercial properties for SEKm 94.

In the central parts of Gothenburg Eklandia Fastighets AB has sold four residential properties with a total area of 6 653 m² to new tenant-owners´ associations. The total sales price was SEKm 107, and exceeded the book value at 31 December, 2004 by SEKm 60 and by SEKm 19 the valuation made at the same date.

Also, four commercial properties have been sold. Harry Sjögren AB has sold a fully let property for sale of capital goods in Mölndal with a total area of 2,740 m² for SEKm 32. Fastighets AB Corallen has sold a fully let warehouse property in Värnamo with a total area of 2,700 m² for SEKm 11. Fastighets AB Briggen has sold an industrial property with a total area of 672 m² for SEKm 6. Eklandia Fastighets AB has sold an industrial property in Gothenburg with a total area of 3,467 m² for SEKm 12. The total sales price was SEKm 61 and exceeded the book value at 31 December, 2004 by SEKm 20 and by SEKm 3 the valuation made at the same date.

Fastighets AB Briggen has acquired two commercial properties in Helsingborg. The total area amounts to 16,000 m² and the investment totalled to SEKm 94. The properties was taken in possession in the beginning of March 2005.

Source: Castellum

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