Swedish real estate investment company Castellum has sold a commercial property portfolio comprising five assets in the Swedish towns of Halmstad and Alingsås.
The disposal of the properties, which amounts to around SEK 219 mln (€22 mln) sees Castellum exit Halmstad and Alingsås, considered non-core territories for the firm.
Castellum said that he had conditional agreements and signed letters of intent for a further SEK 1.8 bn of properties.
Rutger Arnhult, managing director of Castellum AB, said: 'We follow our strategy of divesting properties in connection with the acquisition of Kungsleden that contribute to an increased geographical concentration in the portfolio.
'With today's deal, Castellum is leaving Halmstad and Alingsås. During the autumn, Castellum has sold properties worth approximately SEK 2.2 bn and has signed conditional agreements or letters of intent for a further SEK 1.8 bn.'
The properties being sold are Eketånga 24:56 and Eketånga 3:204 in Halmstad, Direktorén 8 in Västerås, Plommonet 12 in Alingsås and Ran 20 in Uddevalla. The largest tenants are ICA and Willys.
Castellum's other disposals during the autumn included Sockeln 1 in Malmö, Raklinjen 2 in Borås, Spindeln 8 in Malmö, Narcissus 5 in Borås, Bulten 1 in Alingsås, Älvsborg 178:8 in Gothenburg and Löddeköpinge 14:54 in Kävlinge, Skällared 3:49 in Kungsbacka, Ånsta 20:117 in Örebro, Götaland 9 in Jönköping and Marievik 27 and 30 in Stockholm.
In total, Castellum's divestments during the final months of the year reached around SEK 4 bn, including conditional agreements and letters of intent.
