30 maj, 2016

Largest deal 4 years in a row

In mid May, Castellum’s extra general meeting approved the acquisition of Norrporten with a SEK 26.2bn high quality office portfolio in Sweden and Denmark. The purchase price is SEK 10.4bn in cash plus 23.41 million new Castellum shares. The sellers are the Second and Sixth Swedish National Pension Funds (AP2 and AP6), both becoming major shareholders in Castellum with a combined ownership above 10 percent.

Pangea Property Partners was financial advisor to Castellum in the transaction being the by far largest property deal in the Nordics in 2016. Pangea has now advised on the largest Nordic property transactions four years in a row: Norrporten (2016 YTD), Sektor Gruppen (2015), Sveareal/Fortin (2014) and Hemsö (2013). All transactions have been cross-border with foreign buyers and/or property portfolios covering multiple countries.

Till nyhetsarkiv