Castellum acquires real estate group in Helsinki
Through a company acquisition of the Finnish real estate group Lindström Invest, Castellum has acquired a real estate portfolio in Helsinki. The transaction is carried out as a share issue in kind.The portfolio comprises five office properties with a total lettable area of approximately 36,000 sq.m. The acquisition price amounts to EUR 150 million, including overheads of EUR 7 million, of which EUR 81 million is paid as a share issue in kind and the remaining consists of takeover of debt.
All properties are well located in Kalasatama, a former port area that the City of Helsinki is now