Intea Acquires Properties in Halmstad University Area

Halmstad university, campus exterior.

Image: Joachim Brink, CC BY-SA 4.0

Intea Acquires Properties in Halmstad University Area

Sweden — Castellum is selling properties in the university area in Halmstad. The buyer is Intea Fastigheter, which thereby increases its portfolio in the area. The total lettable area is 36,376 square meters and the sales price amounts to SEK 714 million net after deductions for deferred tax and expenses of approximately SEK 16 million, which exceeds the most recent valuation of the properties.

2020-12-14

The transaction includes the properties Fanborgen 3 and part of Fanan 39, both part of the university area in Halmstad. As Halmstad's second tallest building, the Fanborgen 3 property under the name Trade Center is a well-known and tall iconic building with its 24 floors, 73.5 meters and reflective glass facade. The property was built in 1991 and has several conference rooms with stunning sea views.

“After owning these properties for a long time, it feels good to hand them over to Intea Fastigheter, who already have a strong presence in the area. We are convinced that continued development benefits from having one and the same owner of the entire area," says Henrik Saxborn, CEO of Castellum.

Anthon Näsström

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