Hemfosa negotiates with Castellum regarding the acquisition of 54 properties in southern and western Sweden at an underlying property value of approximately SEK 2 billion.

In total, the property portfolio comprises approximately 280,000 sqm of leasable area distributed among public properties, office properties and logistics properties in Växjö, Värnamo and Gothenburg.

The planned acquisition is a step in Hemfosa’s growth strategy and, should the acquisition be realized, the property portfolio will contribute stable cash flows.

An agreement of acquisition is expected to be signed in November 2014.

For further information, please contact:

Jens Engwall, President, [email protected], mobile phone +46 70-690 6550, switchboard +46 8-448 04 80