Castellum takes part in construction of the new logistic center in Gothenburg and invests SEKm 100 in Örebro

Castellum AB (publ) has, through its wholly owned subsidiary Eklandia Fastighets AB, been selected as one of two partners to produce a new logistic center on Hisingen, Gothenburg, of a kind currently not available. The plant will be located adjacent to the Port of Gothenburg. Eklandia has been assigned land which allows new construction of up to 75,000 sq.m. The land is leased until the start of the new construction.

Castellum is, through the subsidiaries, the largest logistic owner in Sweden.

"It's interesting for us to participate in the construction of this large logistics plant in the best location," says Henrik Saxborn, CEO of Castellum AB. "I believe we were selected thanks to our role as long-term property owner and our knowledge and experience, which we are proud of."                              

Aspholmen Fastigheter AB, has started a new construction of 4,300 sq.m. office premises at Drottningparken in Örebro, close to the city and South Station. The investment is estimated to SEKm 100 and to be completed in April 2016. Lease contracts are signed for 40% of the building.

"Castellum has the ambition to develop based on quality and density. We build new environmental classified office premises with high standard in the center of Örebro ", says Henrik Saxborn.  

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 40 billion, and comprises premises for office, retail, warehouse and industrial purposes with a total lettable area of approx 3.7 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 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

Castellum is listed on NASDAQ Stockholm Large Cap.

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 77 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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