Castellum buys properties in Uppsala

Swedish real estate firm Castellum has acquired two properties in Uppsala for SEK 190 mln (EUR 20.7 mln) through its wholly-owned subsidiary Aspholmen Fastigheter AB.

One of the properties is situated in the central of Uppsala at Dragarbrunnsgatan, near Aspholmen's existing properties, and consists of 10,425 m² of office and retail premises. The property has an occupancy rate of 60%. The other property is situated in the Boländerna area near parts of Aspholmen's existing real estate portfolio and consists of 6,050 m² office and retail premises. This property has an occupancy rate of 70%.

In Linköping, in Tornvinge industrial area, Fastighets AB Corallen has acquired a property for SEK 18 mln. The property, consisting of 2,390 m² industrial and warehouse premises, is fully let.

During November Castellum has prolonged parts of existing credit agreements as well as added new credit facilities for a total of SEK 1,000 mln.

Castellum is a leading listed real estate company in Sweden with a portfolio valued at approximately SEK 30 bn comprising offices, retail, warehouse and industrial properties.