Castellum invests SEKm 435

Castellum invests SEKm 435

ID: 205490

(Thomson Reuters ONE) -


Castellum AB (publ) has through the wholly owned subsidiary Aspholmen
Fastigheter AB started an extension and reconstruction of a property of 10,020
sq.m. in central Uppsala. The investment is calculated to SEKm 190 and includes
a reconstruction of 5,500 sq.m. and an extension of 3,700 sq.m. into modern
office premises. The extension and reconstruction has an occupancy rate of 30%
and is estimated to be completed over time until the third quarter 2014.
   Further Aspholmen has started a reconstruction in Boländerna, Uppsala, of an
retail building of 8,750 sq.m. The investment is calculated to SEKm 38 and to be
completed during the last quarter 2013. The building has an occupancy rate of
65%.
   In Kopparlunden, Västerås, Aspholmen has started a new construction of 1,400
sq.m. office premises. The investment is calculated to SEKm 24 and to be
completed during the last quarter 2013. The new construction is fully let.

In Fosie/Jägersro, Malmö, Fastighets AB Briggen has acquired an office property
of 6,560 sq.m. near the company's existing portfolio. The investment amounted to
SEKm 89 and the change of possession will take place in December 2012. The
building has an occupancy rate of 82%.
   In Väla Södra, Helsingborg, Briggen has started a new construction of 2,450
sq.m. office and warehouse premises. The investment is calculated to SEKm 35 and
to be completed during the third quarter 2013. The new building is fully let.

In Växjö Fastighets AB Corallen has started a reconstruction in a property of
30,930 sq.m. The reconstruction consists of 2,000 sq.m. production premises
which are reconstructed into modern office premises. The investment is
calculated to SEKm 16 and to be completed during the first quarter 2013. The
reconstructed premises are fully let.
   In Linköping Corallen has started a reconstruction in a property of 18,010




sq.m. where 4,800 sq.m. are reconstructed into modern office premises. The
investment is calculated to SEKm 16 and to be completed during the third quarter
2013. The reconstructed premises has an occupancy rate of 38%

North of Gothenburg along highway E6 Eklandia Fastigheter AB has acquired an
property of 2,270 sq.m. of which 1,250 sq.m. consist of office premises an
1,020 sq.m. of warehouse premises. The investment amounted SEKm 27. The property
is fully let and the change of possession has taken place.



For further information, please contact
Håkan Hellström, CEO, phone +46 31 60 74 00 / mobile +46  705 60 74 56
Henrik Saxborn, Deputy CEO. Phone +46 31 60 74 00 / +46 706  94 74 50

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 SEK 35 billion, and comprises
premises for office, retail, warehouse and industrial purposes with a total
lettable area of 3.5 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 OMX Stockholm AB Large Cap.

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

Press release 16/2012:
http://hugin.info/1042/R/1659438/537227.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Castellum AB (publ) via Thomson Reuters ONE
[HUG#1659438]




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Bereitgestellt von Benutzer: hugin
Datum: 20.11.2012 - 13:39 Uhr
Sprache: Deutsch
News-ID 205490
Anzahl Zeichen: 4259

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