Publicado 23/12/2022 14:39
- Comunicado -

Castellum divests properties and signs LOI for SEK 2 billion

(Información remitida por la empresa firmante)

GOTHENBURG, Sweden, Dec. 23, 2022 /PRNewswire/ -- Castellum divests a commercial property portfolio with 5 properties. The sales price, which is in line with the book value, amounts to approximately SEK 219 M with a market deduction for deferred tax. In addition, there are conditional agreements and letters of intent signed for a further SEK 1.8 billion.

"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 Alingss. During the autumn, Castellum has sold properties for approximately SEK 2.2 billion and signed conditional agreements or letters of intent for a further SEK 1.8 billion," says Rutger Arnhult, managing director of Castellum AB.

The properties being sold in the trading portfolio are Eketnga 24:56 and Eketnga 3:204 in Halmstad, Direktorén 8 in Vsters, Plommonet 12 in Alingss and Ran 20 in Uddevalla. The largest tenants are ICA and Willys.

Castellum's other disposals during the autumn are Sockeln 1 in Malm, Raklinjen 2 in Bors, Spindeln 8 in Malm, Narcissus 5 in Bors, Bulten 1 in Alingss, lvsborg 178:8 in Gothenburg and Lddekpinge 14:54 in Kvlinge, Skllared 3:49 in Kungsbacka, nsta 20:117 in rebro, Gtaland 9 in Jnkping and Marievik 27 and 30 in Stockholm.

In total, Castellum's divestments during the autumn sums up to around SEK 4 billion, including conditional agreements and letters of intent.

For further information, please contact:

Rutger Arnhult, CEO Castellum AB, +46 31 60 74 00Kristina Sawjani, Chief Investment Officer Castellum AB, +46 31 60 74 60

About Castellum

Castellum is one of the largest listed property companies in the Nordic region that develops flexible workplaces and smart logistics solutions. As of 30 September 2022, the property value totalled approximately SEK 186 billion, including the ownership share of the Norwegian company Entra ASA. We are active in attractive Nordic growth regions. One of our sustainability goals is to become entirely climate neutral by 2030 at the latest. Castellum is the only Nordic property and construction company elected to the Dow Jones Sustainability Index (DJSI). The Castellum share is listed on Nasdaq Stockholm Large Cap.

Beyond expectations. www.castellum.se

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