Castellum has through wholly owned subsidiaries acquired commercial properties for SEK 768 million (approx. €75 mln.) and decided on new construction, extensions and refurbishment for SEK 182 million (approx. €18 mln.).

Aspholmen Fastigheter AB has acquired nine properties in central Örebro for SEKm 562, corresponding to approx. 11,300 SEK/m². The lettable area of approx. 49,500 consists of 39,100 m² office premises, 2,400 m² retail premises, 6,400 m² hotel and 1,600 m² warehouse/industrial premises. The properties central location in Örebro is a good complement to Aspholmen's existing portfolio. The transaction will be closed during July 2008.

Aspholmen has started a new construction project in Västerås on a existing office property at the entrance to the area Kopparlunden. The total lettable area will be 2,100 m² of which contracts have been signed on the major part. The investment is calculated to SEKm 30 and will be completed at the half-year of 2009. Aspholmen has started a refurbishment of two existing properties in Västerås at the entrance to the retail area Hälla. The investment is calculated to SEKm 20 and will be completed during the first quarter 2009. In Bista industrial area in Örebro, Aspholmen has for SEKm 13 acquired an industrial property with good access to E18 and E20. The building has a lettable area of approx. 4,400 m².

After signing a new lease, Fastighets AB Brostaden has started a new construction project of a full-service facility for sales and service of cars located in Smista Allé, Stockholm. The lettable area amounts to approx. 4,500 m². Further, Brostaden has started a new construction project of a parking facility for approx. 100 parking lots for the planned cars service facilities. The total investment is calculated to SEKm 95 and will be completed during the summer of 2009.

With an attractive location in Högsbo industrial area in Gothenburg, Harry Sjögren AB has acquired a fully let industrial property of 3,000 m² of which 700 m² are office premises for SEKm 26. In Alingsås Harry Sjögren has for SEKm 26 acquired a property of 3,300 m² of which 2,000 m² are warehouse premises and 1,300 m² office premises. The property has good access to E20. The building is fully let.

In Hornaryd industrial area in Värnamo, Fastighets AB Corallen has acquired two modern industrial properties of 9,700 m² for SEKm 81. The possession will be taken at the half-year 2008. The properties adjacent on to Corallen's existing properties in the area. In the central industrial area Haga in Jönköping Corallen has acquired two industrial/warehouse properties for a total amount of SEKm 38. The property has a lettable area of 10,600 m² and building permission of approx. 6,400 m². In Kallerstads industrial area in Linköping, Corallen has acquired an industrial property for SEKm 22. The lettable area amounts to approx. 3,400 m².

In Lund, Fastighets AB Briggen has completed a new construction and refurbishment of an existing property of approx. 5,600 m² for SEKm 20. The new construction and refurbishment includes both modernization of existing office premises and refurbishment of premises for laboratory to modern offices. In Väla Södra in Helsingborg, Briggen has started a new construction project of an exhibition and engineering property of 2,100 m² with flexible fields of application. The investment is calculated to SEKm 17 and is planned to be completed at the turn of year 2008/2009.

The major part of the transactions was acquired as company acquisitions. Of the acquisitions totalling SEKm 768 refers SEKm 84 to deferred nominal tax liabilities.

Source: Castellum