Castellum has, through the wholly owned subsidiary Aspholmen Fastigheter AB, sold six properties in Sigtuna for SEK 116 million net (approx. 13 million), after reduction for assessed deferred tax and transaction costs of SEK 7 million in total.
The latest valuation amounted to SEK 114 million. The properties consist of 16,620 m² industrial premises, 6,590 m² office premises and 1,610 m² warehouse premises. The change of possession will take place June 1, 2012.
In central Gothenburg Eklandia Fastighets AB has sold an office property of 970 m² for SEK 40 million net, after reduction for assessed deferred tax and transaction costs of SEK 4 million in total. The latest valuation amounted to SEK 35 million. The change of possession has taken place.
Further Castellum has as an intention to broaden the base of financing by setting a MTN program with a total program size of SEK 5 billion. The MTN program will complement Castellum's existing funding, which mainly consists of credit agreements with banks. The first emission under the program is estimated to be in 2012.
"Castellum has no need of new funding at the moment but we see the MTN program as a complement to the current funding with credit agreements in different banks and commercial papers. The financing will be utilized for profitable investments in acquisitions, new constructions, extensions and reconstructions," comments CEO Håkan Hellström.
Source: Hugin
