GÖTEBORG, Sweden, Feb 24, 2017 /PRNewswire/ -- Castellum has completed an exchange transaction with Klövern which comprises the acquisition of 14 properties in Borås, and the sale of 9 properties located in Mölndal and Partille. Buyer possession date/vacant possession date will be April 1, 2017. Conclusion of the deal means that Castellum becomes the largest private owner of commercial properties in...
Overseas Real Estate
HELSINKI, Feb 23, 2017 /PRNewswire/ -- CITYCON OYJ Investor News 23 February 2017 at 13.15 hrs Citycon cordially invites investors, analysts and media to its Capital Markets Day on Tuesday, 16 May at Iso Omena in Espoo, Finland. The aim of the Capital Markets Day is to provide information about Citycon's strategy and (re)development projects, status of business units and key assets. There will be an...
MUMBAI, February 22, 2017 /PRNewswire/ -- After carving a niche for themselves in the Indian affordable housing sector, affordable housing giant, XRBIA Developers has identified international locations where demand for affordable housing is predicted to increase in the next decade, and has prioritized 6 projects in UK, Africa and Dubai as initial locations for international expansion. (Logo: )...
HELSINKI, Feb 09, 2017 /PRNewswire/ -- Citycon Oyj - Press release - 9 February 2017 Citycon's extensive (re)development of Lippulaiva located in Espoonlahti, in the Helsinki area, will make a benchmark for the modern, urban shopping centre catering to the everyday needs of local residents. Citycon's plan is to demolish the present Lippulaiva and build a completely new shopping centre in its place....
STOCKHOLM, Feb 08, 2017 /PRNewswire/ -- Munich-based investment manager Catella Real Estate has taken advantage of the current favourable market conditions in the Netherlands by selling an office building in Amsterdam and reinvesting in a modern residential and retail property in Utrecht's city centre for the Sarasin Sustainable Properties – European Cities fund. The office building at Middenlaan...
HELSINKI, Feb 02, 2017 /PRNewswire/ -- CITYCON OYJ Investor News 2 February 2017 at 13.00 hrs Citycon will publish its Financial Statements and Financial Statements Release for 1 January – 31 December 2016 as well as its Corporate Governance Statement on Thursday, 9 February approximately at 9 am Helsinki time (Helsinki time is EET, which is CET +1). The report will be available on Citycon's website...
GÖTEBORG, Sweden, Feb 01, 2017 /PRNewswire/ -- The underlying property value amounts to approx. SEKm 800. The transaction is being prepared for approval at the Stockholm City Council meeting on March 20, 2017. This means that change of possession can come into effect in the last half of April, when the council decision becomes valid. "This is a fantastic location. We look forward to developing the...
GÖTEBORG, Sweden, Jan 31, 2017 /PRNewswire/ -- Tomorrow Castellum takes possession of the property Torsplan 2 in Stockholm. This state-of-the art, newly constructed building is BREEAM environmentally certified at the world's highest possible level, and will constitute part of the life-science center under creation in Hagastaden. Torsplan 2 comprises a total of 23,000 sq.m. of versatile and adaptable...
GÖTEBORG, Sweden, Jan 31, 2017 /PRNewswire/ -- Speed Group is one of the leading logistics operators in Gothenburg and Borås. The demand for warehouse and logistics premises is large in the Gothenburg area. Castellum announced in November 2016 a new construction of a fully leased facility of 19,000 sq.m. in Mölndal in the southern part of the Greater Gothenburg. Castellum is the largest owner of...
GÖTEBORG, Sweden, Jan 25, 2017 /PRNewswire/ -- Jörgen Lundgren, managing director of the region North, will be leaving his position during the summer, at his own request, to take over as CEO of an investment company. He was the former CEO of Norrporten until Castellum's acquisition of the company last year. "I want to thank Jörgen for his genuine commitment and the efforts he makes in the...