Castellum Acquires For SEKm 141 In Stockholm and Sells Properties For SEKm 132 With a Capital Gain Of SEKm 46.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Jan. 10, 2001 The Real Estate Company Castellum has acquired six properties in southern Stockholm at a total of SEK SEK In currencies, this is the abbreviation for the Swedish Krona. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 141 million. Three properties in Gothenburg, Gnosjo and Helsingborg were disposed dis·pose v. dis·posed, dis·pos·ing, dis·pos·es v.tr. 1. To place or set in a particular order; arrange. 2. of at a total of SEK 132 million with a capital gain of SEK 46 million. Through the subsidiary Fastighets AB Brostaden, Castellum has acquired six properties in Johanneshov in southern Stockholm at a total of SEK 141 million. All the acquired properties are situated close to properties already owned by the company. In the "slaughterhouse slaughterhouse: see abattoir; meatpacking. district" near the Globe Arena, three warehouse, industrial and office properties of in all about 15,000 square metres Noun 1. square metre - a centare is 1/100th of an are centare, square meter area unit, square measure - a system of units used to measure areas were acquired. These properties, which were acquired with leasehold An estate, interest, in real property held under a rental agreement by which the owner gives another the right to occupy or use land for a period of time. leasehold n. right, have considerable development possibilities mainly because of the ongoing transformation of the area. Close to the company's properties in Bolidenvagen, three more properties were acquired, of which two contain older buildings with a lettable area of in all about 2,700 square metres, and the third is a vacant lot of 1,640 square metres. After the last-mentioned acquisitions, the company controls a large connected area, which creates conditions for a co-ordinated and integrated development of the area. In addition to existing premises of about 25,000 square metres, there are building permissions that will permit new construction of about 30,000 square metres. Eklandia Fastighets AB has sold a larger residential property of 8,970 square metres and 141 apartments in the district Annedal in Gothenburg. This property was sold for SEK 83 million with a capital gain of SEK 21 million. Fastighets AB Corallen has disposed of a fully let industrial property of 23,420 square metres in Hillerstorp in the municipality MUNICIPALITY. The body of officers, taken collectively, belonging to a city, who are appointed to manage its affairs and defend its interests. of Gnosjo. The sales price obtained was SEK 37 million, which implied a capital gain of SEK 22 million. Furthermore, the subsidiary Fastighets AB Briggen has sold a smaller office and residential property of 883 square metres in central Helsingborg at a sales price of approximately SEK 12 million with a capital gain of SEK 3 million. All the above mentioned transactions were concluded after the turn of the year. Castellum, which is one of the major real estate companies in Sweden operating solely in the real estate sector, owns properties with a book value of about SEK 11 billion. The total lettable area, which comprises commercial premises as well as residential housing, amounts to 2,3 million square metres. The real estate portfolio, which is owned and managed by six local subsidiaries, is concentrated in Greater Gothenburg, the Oresund region The Oresund Region (Danish: Øresundsregionen; Swedish: Öresundsregionen) is a transnational region in southern Scandinavia located by the shores of the Oresund strait and connected by the Oresund Bridge. , Greater Stockholm, western Smaland and Malardalen. The Castellum share is listed on the OM Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. O-list, Attract 40. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. : http://www.bit.se/bitonline/2001/01/10/20010110BIT00480/bit0001.doc http://www.bit.se/bitonline/2001/01/10/20010110BIT00480/bit0002.pdf |
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