Listed Swedish real estate group Castellum has acquired a 10,800-m[sup]2[/sup] mixed property the area Lindholmen, Norra Älvstranden in Gothenburg for SEK 183 mln (EUR 20 mln) and sold land in the Kallebäck region of Gothenburg for SEK 21 mln.
Listed Swedish real estate group Castellum has acquired a 10,800-m2 mixed property the area Lindholmen, Norra Älvstranden in Gothenburg for SEK 183 mln (EUR 20 mln) and sold land in the Kallebäck region of Gothenburg for SEK 21 mln.
The transactions were caried out by Castellum's wholly owned subsidiary Eklandia Fastighets.
The acquired property, which is located near Eklandia's existing properties and the recently acquired land in the area, consists of 8,800 m2 of office premises and the rest is warehouse space as well as premises for product development. The property is fully let. The transaction was carried out at the end of March and the change of possession will take place in the middle of April.
Castellum also announced that construction of a 10,000 m2 office, retail and warehouse premises has begun at Tornby shopping centre, Linköping.
The investment is calculated at SEK 106 mln and to be progressively completed during 2012. Leasing contracts have been signed for about 20% of the property.
