Sweden's Castellum acquires properties for EUR 48 mln

Castellum, the Swedish listed real estate company, has announced the acquisition of two properties for EUR 20.6 mln. The first acquisition, costing EUR 5.2 mln, is in Hagalund industrial estate in Solna. It has 1,400 m[sup]2[/sup] of office space and 2,300 m[sup]2[/sup] of warehouse and industrial space. The second purchase was a property in Kungsbacka for EUR 15.4 mln consists of 4,999 m[sup]2[/sup] of office space and 19.500 m[sup]2[/sup] of warehousing and manufacturing. The company also announced EUR 28 mln worth of new construction and refurbishment at two sites work in Malmo and Lund.

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