Balder acquires property portfolio from Castellum

Fastighets AB Balder has together with institutional capital entered into an agreement with Castellum to acquire a real estate portfolio including office, warehouse and logistic properties in Stockholm and Gothenburg. Balder’s share is 49 %.

The acquisition comprises 38 properties with a lettable area of 174,000 square meters and is acquired for approximately SEK 1,800 million before deduction for deferred tax. The properties have gross rental income (annual rental income including all additions) of SEK 152 million. The largest tenants are Autoadapt, City of Gothenburg, Municipality of Alingsås, City of Stockholm, Dagab and Despec.

Closing is scheduled to 31 December 2018.

For further information, please contact
CEO Erik Selin, tel. +46 706 074 790 or
Head of Finance Marcus Hansson, tel. +46 768 369 848

Fastighets AB Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder's real estate portfolio had a value of SEK 109.7 billion as of 30 June 2018. The Balder share is listed on Nasdaq Stockholm, Large Cap. 

Fastighets AB Balder (publ)
PO Box 53 121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg
balder.se