Castellum has through wholly owned subsidiaries acquired 12
properties for SEKm 630, decided on investments in an existing
property of SEKm 26 and sold one property for SEKm 13.
A commercial property in Uppsala with a lettable area of approx.
10,000 sq.m. has been acquired for SEKm 119. The property, located in
the shopping area Boländerna, holds an unutilized building permission
of approx. 3,000 sq.m. At the time of taking possession on June 1st,
in principle all premises were let.
A commercial property in Örebro with a lettable area of approx.
10,500 sq.m. has been acquired for SEKm 41. The property located in
the Holmen area, holds an unutilized building permission of approx.
6,000 sq.m. The nearness to E18/E20 provides good exposure as well as
good accessibility. At the time of taking possession in May the
occupancy rate was approx 75 %.
Further more three smaller commercial properties, one in Örebro, one
in Malmö and one in Växjö with a total lettable area of approx. 4 800
sq.m. and one undeveloped property in Malmö with a land area of 8,200
sq.m. have been acquired for a total of SEKm 34.
Following the signing of a six year lease contract refurbishment and
new construction have started on Sesamfröet 1 in Mölndal. Approx.
2,000 sq.m. will be refurbished and approx. 1,000 sq.m. is new
construction. At the time of taking possession in the autumn of 2005,
the property was unlet. The investment will amount to SEKm 26 and at
the time of moving in, which is set to the turn of the year
2006/2007, all premises will be let.
A smaller residential property in the eastern parts of Gothenburg has
been sold for SEKm 13. The property holds 14 apartments with a total
area of approx. 1,000 sq.m.
The above mentioned transactions have been completed during May and
In the beginning of July, six commercial properties located in Solna,
Kista, Vällingby and Upplands-Väsby with a total lettable area of
approx 48,000 sq.m. mostly office premises, have been acquired for
SEKm 436. All properties have good access to major roads and good
public transportations. At the time of taking possession, which will
be at the turn of the months August/September, the economic occupancy
rate is estimated to approx. 45 %.
The present managing director of the subsidiary Fastighets AB
Briggen, Bengt Arne Johansson, will after 10 years as MD, retire
during the second part of 2006. As new managing director from
September 1st, 2006, Gunnar Östenson has been appointed. Gunnar
Östenson has previously been active in IKEA and Skanska.
On Castellum's website names and addresses of properties acquired or
sold since the beginning of the year are published.
Castellum is one of the major listed real estate companies in Sweden.
The fair value of the real estate portfolio amounts to approx. SEK 22
billion, and comprises mainly commercial properties. 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 Western Småland.
The Castellum share is listed on Stockholmsbörsen's O-list, Attract
For further information, please contact
Håkan Hellström, CEO, phone +46 31 60 74 00 / mobile +46 705-60 74 56