Castellum invests SEKm 762

News in brief:

  • Castellum acquires in Marievik, Stockholm.
  •   Castellum double the property portfolio in Copenhagen.

Castellum AB (publ) has acquired, through its wholly owned subsidiaries Fastighets AB Brostaden and Fastighets AB Briggen, a property portfolio which consists of a central building in Stockholm and three properties in Copenhagen.

In Stockholm Brostaden acquires an office building of 11,500 sq.m. and parking facilities in Marievik, an area with an established office market and good communications. The investment amounted to SEKm 324.The change of possession will take place 28 January 2015.

In Denmark Briggen acquired office and wartehouse properties totaling 51,200 sq.m. of office and warehouse is located in Albertslund, Brøndby and Søborg in the northwestern part of the Greater Copenhagen expected to have potential because it is planned for infrastructure development in the area. Briggen now growing in a part of Copenhagen where they already is established. The investment amounted to SEKm 383. The change of possession will take place 28 January 2015.

Briggen has also acquired a fully let office building of 2,600 sq.m. in Herlev business park, Greater Copenhagen. The investment amounted to SEKm 34. The change of possession has taken place.

The acquisitions in Copenhagen more than doubles Briggen´s property portfolio in Denmark.

"This makes us stronger on two of our markets – in Stockholm by another property with good location and in Copenhagen by grow where we already are established", says Henrik Saxborn, CEO of Castellum.

Briggen has also acquired a fully let office and warehouse property in Väla Southern Helsingborg of 2,800 sq.m. The investment amounted to SEKm 21. The change of possession has taken place.

Castellum AB (publ) discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.

For further information, please contact

Henrik Saxborn, CEO, phone +46 31-60 74 50

Ulrika Danielsson, CFO, mobile +46 706-47 12 61

www.castellum.se

Castellum is one of the major listed real estate companies in Sweden. The fair value of the real estate portfolio amounts to approx. SEK 38 billion, and comprises premises for office, retail, warehouse and industrial purposes with a total lettable area of approx 3.3 million sq.m. The real estate portfolio is owned and managed by six wholly owned subsidiaries with strong local roots in five growth regions: Greater Gothenburg, the Öresund Region, Greater Stockholm, Mälardalen and Eastern Götaland.

Castellum is listed on NASDAQ Stockholm Large Cap.

Castellum AB (publ), Box 2269, SE-403 14 Göteborg | Org nr/Corp Id no SE 556075-5550 | Phone +46 31 60 74 00 Fax +46 31 13 17

About Us

Castellum is one of the major listed real estate companies in Sweden. The fair value of the real estate portfolio amounts to approx. SEK 76 billion, and comprises of commercial properties for office, retail, warehouse and logistics with a total lettable area of approx. 4.4 million sq.m. The real estate portfolio is owned and managed under the Castellum brand through a decentralized organization with strong and clear local presence in 20 cities from Copenhagen in the south to Sundsvall in the north. In 2016, Castellum sustainability performance was awarded two top distinctions: First Prize for sustainability reporting in Europe from EPRA and Global Sector Leader, handed out by GRESB which means that Castellum is ranked first in the world within the office- and industrial-properties sector. Further Castellum has been selected as an index component of the Dow Jones Sustainability Indices (DJSI), which includes the companies in all industries in the world with best performance in terms of sustainability. The Castellum share is listed on Nasdaq Stockholm Large Cap. www.castellum.se

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