- Castellum ( OTCPK:CWQXY ) on Thursday divests a soon-to-be-completed property with the Swedish National Courts Administration as the sole tenant.
- The building will house the Göta Court of Appeal and the Administrative Court of Appeal in Jönköping.
- The underlying property value amounts to SEK 510 M with a market-based deduction for deferred taxes.
- The property encompasses 9,200 sq. m. and is fully let to the Swedish National Courts Administration with planned occupancy in spring 2023.
- Closing will take place preliminarily on 1 May 2023, following the completion of construction.
For further details see:
Castellum divests new production in Jönköping for SEK 510M