Castellum sells Halmstad University

Castellum has divested the properties Fanborgen 3 and part of Fanan 39 in the university area in Halmstad. The buyer is Intea Fastigheter, which with the acquisition will increase its portfolio in the area. The total lettable area is 36,376 square meters. The sale price amounts to SEK 714 million after deductions for deferred tax and expenses of approximately SEK 16 million.

Castellum is one of the Nordic region’s largest listed real estate companies with a property value of SEK 98 billion. Castellum operates in 17 cities in Sweden as well as in Copenhagen and Helsinki. The Castellum share is listed on Nasdaq Stockholm Large Cap.

Castellum was advised by Mannheimer Swartling in the transaction.