Castellum's first quarter 2011: Increased investment pace and improved net leasing
(Thomson Reuters ONE) -
* Rental income for the period January-March 2011 amounted to SEKm 717 (SEKm
674 corresponding period previous year).
* Income from property management amounted to SEKm 250 (234), corresponding to
SEK 1.52 (1.43) per share, an increase with 6%.
* The changes in value on properties amounted to SEKm 97 (46) and on interest
rate derivatives to SEKm 171 (-53).
* Net income after tax for the period amounted to SEKm 394 (173), equivalent
to SEK 2.40 (1.05) per share.
* The investments amounted to SEKm 522 (255) of which SEKm 244 (172) were new
construction, extensions and reconstructions and SEKm 278 (83) acquisitions.
The net leasing during the first quarter of the year amounted to SEKm 21 (2).
The gross leasing during the period were SEKm 75 (69), of which SEKm 12 (10)
were leasing on new construction, extensions and reconstructions. Notices of
termination amounted to SEKm 54 (67), of which bankruptcies were SEKm 4 (3).
"The improved net leasing together with the increased investment pace reflects
the growth in the Swedish economy and above all the growth in employment"
comments CEO Håkan Hellström.
Enclosure: Interim Report January-March 2011
For further information, please contact
Håkan Hellström, CEO, phone +46 31 60 74 00 / mobile +46 705-60 74 56
Ulrika Danielsson, Finance Director, phone +46 31 60 74 00 / 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 32 billion, and
comprises premises for office, retail, warehouse and industrial purposes with a
total lettable area of approx 3.3 thousand 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 9/2011:
http://hugin.info/1042/R/1507606/442534.pdf
Interim Report January-March 2011:
http://hugin.info/1042/R/1507606/442535.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#1507606]
Unternehmensinformation / Kurzprofil:
Datum: 19.04.2011 - 10:56 Uhr
Sprache: Deutsch
News-ID 53703
Anzahl Zeichen: 3131
contact information:
Town:
GÖTEBORG
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 142 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Castellum's first quarter 2011: Increased investment pace and improved net leasing"
steht unter der journalistisch-redaktionellen Verantwortung von
Castellum AB (publ) (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
