Castellum Sells Properties for SEKm 96 With a Capital Gain Of SEKm 36.Business Editors STOCKHOLM, Sweden--(BUSINESS WIRE)--Feb. 27, 2001 The real estate company Castellum has sold five properties in Gothenburg, Lund and Varnamo 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. 96 million with a capital gain of SEK 36 million. Through the subsidiary Eklandia Fastighets AB, Castellum has sold two residential properties in central Gothenburg to new housing co-operatives. The total sales price was SEK 40 million which implies a capital gain of SEK 18 million. The sales involved one property of 2,483 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 in the district Linnestaden as well as one property of 1,247 square metres in the district Vasastaden. Eklandia has as well disposed in good condition; in good health. - Chaucer. See also: Disposed of a fully let retail property of 3,926 square metres in Kungalv, at a sales price of SEK 30 million with a capital gain of SEK 6 million. In Lund, Fastighets AB Briggen has sold a smaller residential property of 611 square metres to a new housing co-operative at a sales price of SEK 7 million with a capital gain of SEK 1 million. Moreover, Fastighets AB Corallen has disposed of a fully let industrial and warehouse property of 8,140 square metres in Varnamo municipality MUNICIPALITY. The body of officers, taken collectively, belonging to a city, who are appointed to manage its affairs and defend its interests. , at a sales price of SEK 19 million and with a capital gain of SEK 11 million. The above sales result in a total capital gain of about SEK 36 million. Consequently, the capital gains from property sales accounted for so far during 2001 amount to SEK 82 million. The completion of the new office building "Guldet" of 8,000 square metres in the centre of Gothenburg is proceeding according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. plan. The first tenants will move in this week and the other tenants will move in up to June concurrently with the completion of the premises. The property is fully let. 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/2001/02/27/20010227BIT00350/bit0002.doc http://www.bit.se/bitonline/2001/02/27/20010227BIT00350/bit0002.pdf |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion