Listed Swedish property firm Castellum has sold two warehouse properties in Backa, an office in central Malmo and two commercial properties in Stockholm, for a combined SEK 249 mln (€29 mln).
Listed Swedish property firm Castellum has sold two warehouse properties in Backa, an office in central Malmo and two commercial properties in Stockholm, for a combined SEK 249 mln (€29 mln).
The warehouse assets, totalling 16,930 m2, were sold by Castellum's wholly-owned subsidiary, Eklandia Fastighets, to the municipality of Gothenburg for SEK 138 mln.
In central Malmö the company has sold an office property of 2,200 m2 for SEK 47 mln while in Stockholm Castellum divested a 6,100 m2 retail and warehouse asset in the Veddesta district of Järfälla, as well as an office property of 1,800 m2 in Nacka.
All transactions slightly exceeded the assets' latest appraised value.


