The property consists of 5,700 sqm office and warehouse premises. The reconstruction holds durable and functional workplaces and is scheduled to be completed in November 2016. It will be constructed in accordance with the environmental classification system Miljöbyggnad level Silver. Commercial leases have already been signed for approximately 75% of the total lettable area.

Eklandia acquired the property in 2006. The property is located on the south bank of the river that runs straight through the center of Gothenburg, close to the Älvsborg bridge entrance. The local environment has developed in recent years through the construction of both residential and commercial properties. Today it is a lively area where creative business takes place in the old industrial buildings with new, exciting architecture.

"Gothenburg is characterized by low vacancy rate in the office segment. The area has good growth potential and becomes more and more attractive for establishment as it continues to evolve", says Henrik Saxborn, CEO of Castellum AB.