An undisclosed buyer agreed to acquire ten properties in the Hälla retail district of Västerås, Sweden from Castellum AB (publ) (OM:CAST) for approximately SEK 940 million on April 25, 2024. The properties being divested are Järnet 6 in Tyresö; Tidskriften 2 in Sollentuna; Lexby 2:29 in Partille; Kärra 80:7, Kobbegården 209:1 and Kobbegården 208:6 in Gothenburg; Våmmedal 2:110 in Mölndal and Köpmannen 1, 3 and 8 in the Hälla retail district of Västerås. The properties have rental value of Rental value SEK 88 million. Castellum will use the realized proceeds from these transactions will now be allocated to new projects.

The transaction is expected to close by May 31, 2024.