Swedish listed property group Castellum has invested around SEK 500 mln (EUR 60 mln) to acquire two mixed-use property portfolios located across Sweden.
Swedish listed property group Castellum has invested around SEK 500 mln (EUR 60 mln) to acquire two mixed-use property portfolios located across Sweden.
The company bought seven properties and two leasehold assets in Greater Stockholm and in Malmö for SEK 380 mln. The deal was carried out on behalf of the wholly-owned subsidiary Fastighets Brostaden. About 55% of the 40,500 m2 is warehousing space, offices account for 38, with 7% for retail use.
The vendor was listed firm Kungsleden.
Completion is scheduled for 21 December 2012.
In a separate transaction, Castellum acquired two office properties in central Uppsala for SEK 120 mln. The assets provide 7,260 m2 of office premises with an occupancy rate of 60%.
