Larger acquisitions during 2020

Sandhagen 9

(XLSX:) Download

SANDHAGEN 9

Location:

 

Slakthusområdet, Stockholm

Area:

 

5,700 sq. m.

Completed:

 

Jan 2021

Investment:

 

MSEK 296

The site leasehold is located immediately adjacent to Castellum’s already existing properties in the Slakthusområdet district – one of Stockholm’s most exciting areas where a new modern city district is being developed. The build- ing, constructed in 1989, contains offices.

Five properties, Helsinki

(XLSX:) Download

FIVE PROPERTIES, HELSINIKI

Location:

 

Kalasatama

Area:

 

36,000 sq. m.

Completed:

 

Nov 2020

Investment:

 

MSEK 1,440

Castellum acquired the Lindström Invest property company containing five properties, all located close together in Kalasatama, which is a former harbour district that the City of Helsinki is now developing into a new city district. The buildings contain high-quality office space, conference centres and restaurants.

Hämeentie 15

(XLSX:) Download

HÄMEENTIE 15

Location:

 

Sörnäinen

Area:

 

7,900 sq. m.

Completed:

 

Dec 2020

Investment:

 

MSEK 213

As further proof of Castellum’s ambition to grow in the Helsinki area, Hämeentie 15 was acquired in December. The property is strategically located in the Sörnäinen district, next to Kalasatama. The property was built in 1956, with an addition in 1990, and has routinely been renovated since then. In June 2021, Senaatti Verohallinto – the city’s partner in occupational health and safety – will occupy the newly renovated 1,100-square metre premises.

(XLSX:) Download

Larger property acquisitions during 2020

 

 

 

 

Rental value

 

 

 

 

 

 

 

 

Property

 

Area, sq. m.

 

MSEK

 

SEK/sq. m.

 

Occupancy rate, Jan 2021

 

Acquisition cost, MSEK

 

Occupancy

 

Category

Sandhagen 9

 

5,700

 

16

 

2800

 

99%

 

298

 

Jan 2021

 

O

Von Conow 57

 

6,800

 

13

 

1,950

 

100%

 

216

 

May 2020

 

P

Manfred 8

 

8,700

 

16

 

1,850

 

90%

 

194

 

Dec 2020

 

O

Eggegrund 7

 

14,900

 

7

 

500

 

100%

 

114

 

March 2021

 

L

Property

 

Area, sq. m.

 

MEUR

 

EUR/sq. m.

 

Occupancy rate, Jan 2021

 

Acquisition cost, MEUR

 

Occupancy

 

Category

Five properties, Helsinki

 

36,000

 

11

 

300

 

86%

 

150

 

Nov 2020

 

O

Hämeentie 15

 

7,900

 

2

 

260

 

86%

 

23.7

 

Dec 2020

 

O

(XLSX:) Download

Larger property sales during 2020

 

 

 

 

Rental value

 

 

 

 

 

 

 

 

 

 

Property

 

Area, sq. m.

 

MSEK

 

SEK/sq. m.

 

Underlying prop. price, MSEK

 

Deferred tax and transaction costs, MSEK

 

Net sale price, MSEK

 

Vacated

 

Category

Halmstad, six properties

 

36,150

 

55

 

1,500

 

743

 

14

 

729

 

Jan 2021