Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 330

Castellum Invests SEKm 317 in Stockholm’s Leading Car Dealership Cluster

Posted by fidest press agency su sabato, 19 agosto 2017

GothenburgGOTHENBURG, Sweden/PRNewswire/ — Castellum has begun new construction on a car showroom and related operations facilities, covering approx. 23,000 sq.m. on Smista Allé in Huddinge. The area has been developing into Stockholm’s foremost cluster for car dealerships since the beginning of the 2000s. The investment is expected to total SEKm 317.The new building is scheduled for completion during the first quarter of 2019.The property will be constructed in four floors. Floor One and Two will comprise premises with a surface of approx. 9,300 sq.m. Floor Three and Four will house an unheated parking garage with a surface area of approx. 13,900 sq.m.A 15-year leasing agreement has been signed with NCG Retail Eijendomme AB – who through British MotorGroup Stockholm will run a car dealership, including service and repair departments for the Jaguar and Land Rover automobile brands. The contract includes approx. 4,000 sq.m. heated premises, and parking on the garage floor. This represents an occupancy rate of 34%, relative to the total annual leasing value of SEKm 24,8.This will be the final new construction along the E4 and Smista Allé, and will include the construction of a noise- and risk-screening barrier from the highway, in consideration of nearby residential areas.Customers will enjoy access to a 180-metre long, extremely well-exposed signage position, directly toward the E4, as well as the upcoming Stockholm Bypass. This marks completion of the development area adjoining Smista Allé, thereby promoting more conveniently located services and even better public transit.To date, Smista is Castellum’s largest development area in the Stockholm region.

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