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Transactions - SEPTEMBER 28, 2021

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Castellum sells a property portfolio to Oscar Properties for $190m

by Released

Castellum has sold 16 properties in Stockholm, Öresund, Norrköping and Västerås to Oscar Properties for SEK 1.7 billion ($190 million).

“The sale is in line with the company's strategy, and at the same time provides us with a cash injection that further strengthens our financial muscles for the proposed merger with Kungsleden,” says Rutger Arnhult, chairman of the board of Castellum AB.

The properties include:

Stockholm: Altartorpet 22, Altartorpet 23, Arrendatorn 15, Arrendatorn 16, Ekplantan 4, Ekstubben 21 and 23, Ekstubben 25, Malmö: Fullriggaren 4, Revolversvarvaren 10 Helsingborg: Grusgången 2, Kavalleristen 9, Kroksabeln 18, Pilbågen 6, Pilbågen 6:2, Snårskogen 1 Norrköping: Proppen 2, Västerås: Jordlinan 2
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