October 21, 2014 - Assignment

Castellum divests Hansan in Malmö for SEK 609 million to Areim

Castellum’s wholly owned subsidiary Fastighets AB Briggen has divested the Hansa shopping mall in central Malmö to Areim. Hansan consists of two properties comprising 40,500 square metres of retail, office, garage, residential and education facilities. The sales price amounted to SEK 609 million after reduction for assessed deferred tax and transaction costs of SEK 27 million.

Castellum is one of the major listed real property companies in Sweden. The fair value of the real property portfolio amounts to approximately SEK 39 billion, and comprises premises for office, retail, warehouse and industrial purposes with a total lettable area of approx 3.7 million square metres. Castellum is listed on NASDAQ Stockholm. Briggen is one of the major real property companies in the Öresund region.

Briggen was advised by Mannheimer Swartling in the transaction. The firm’s team included Johan Ljungberg, Hillevi Börjesson, Charlotte Nyström and Linnéa Kallhed.