Castellum has through wholly owned subsidiaries acquired properties
for SEKm 130, decided on investments of SEKm 199 and sold properties
for SEKm 53.
On Norra Älvstranden, which is the new and large explotation area in
Gothenburg, an office property of approx. 5,000 sq.m. is under
construction. The investment is calculated to SEKm 126 and the
building is planned to be completed during the second quarter 2007.
At the present time approx. 20 % of the lettable area is signed.
A commercial property of approx. 5,400 sq.m. located in the central
parts of Växjö, has been acquired for SEKm 31. The property which
holds office and retail premises has large vacancies and will be
subject to extensive refurbishment work.
Further, a smaller industrial property in Västerås has been acquired
for SEKm 4. The property is located in northern Tunbytorp and the
lettable area amounts to sq.m. 760.
A residential property in Helsingborg has been sold to a new tenant
owners' association for SEKm 35. The property holds 25 apartments
with a total area of approx. 2,800 sq.m.
Further, part of a property in Helsingborg has been sold for SEKm 11.
The part sold consisted of 6,300 sq.m. undeveloped land.
On Tyresö in Stockholm, a smaller office property of approx. 1,400
sq.m. was sold for SEKm 7.
The above mentioned transactions have been carried out during the
third quarter. In the beginning of October the following transactions
have been made.
A commercial property in Gothenburg with a lettable area of approx.
9,500 sq.m. has been acquired for SEKm 80. The property is located
nearby the Klippan/Rödasten junction and was in principle fully let
at time of taking possession.
Following the signing of a ten year lease contract the
planning/projecting of a new construction of approx. 10,000 sq.m.
lettable area has started. The building will hold 8,500 sq.m.
industrial area and 1,500 sq.m. office area and is located in Lerum.
The investment amounts to SEKm 73 and time for moving in is planned
to the autumn 2007.
Two commercial properties with a total lettable area of 5,700 sq.m.
of which 1,500 sq.m. office premises, have been acquired for SEKm 15.
One property is located in Borås and the other one in Lerum. The
properties were acquired without vacancies but with terminated
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 23
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 OMX - Nordic list Large cap.
For further information, please contact
Håkan Hellström, CEO, phone +46 31 60 74 00 / mobile +46 705-60 74 56