Publications

Transactions - NOVEMBER 22, 2016

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Diös buys €460m Nordic portfolio from Castellum

by Andrea Waitrovich

Swedish property firm Castellum has sold a portfolio of 32 properties in Sweden to Diös Fastigheter for €460 million ($489 million). The property portfolio consists of 13 properties in central Umeå, 10 properties in Sundsvall and nine properties in Lulea with a rentable area totaling more than 2.33 million square feet.

Castellum has been actively selling its real estate assets after its acquisition of Norrporten for $1.64 billion. Following completion of the deal, Castellum said it will refine the combined portfolio and will sell properties worth SKr 4 billion ($108.4 million).Earlier this fall, Castellum sold properties valued at approximately SKr 1.2 billion ($130 million).

With the sale, Castellum has sold all of its assets in Umeå, its holdings in Lulea have been reduced to a single property and its holdings in Sundsvall have been r

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy