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Castellum Sells $51M Portfolio in Sweden | Tony Seruga
Nov
28

Castellum Sells $51M Portfolio in Sweden

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The 10 office and industrial properties included in the transaction total more than 500,000 square feet.

Henrik Saxborn, CEO with Castellum Henrik Saxborn, CEO with Castellum

Göteborg, Sweden—Castellum, one of the largest real estate companies in Sweden, has announced the $51 million sale of four properties in Sundsvall and six properties in Östersund, totaling about 516,667 square feet. The buyer is NP3 and the transaction is slated for completion in March 2017.

“The deal is part of the divestments we announced and means that we continue to concentrate our operations by reducing the number of cities where we operate,” Henrik Saxborn, CEO of Castellum, said in prepared remarks…

Castellum Sells $51M Portfolio in Sweden

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