Castellum acquires and builds for SEKm 280

Gothenburg, October 16, 2001

The Real Estate Company Castellum has acquired commercial properties in Västerås and Malmö at a total of about SEK 250 million. In Uppsala, SEK 33 million will be invested in a new office property.

Through the subsidiary Aspholmen Fastigheter AB, Castellum has acquired part of the Kopparlunden industrial park in central Västerås, comprising the so-called "Teknikbyn" (Technical Village). The acquisition comprises about 18,000 square metres of newly renovated, fully let office premises. Through this acquisition, amounting to SEK 175 million, an attractive and concentrated area with a good development potential will be added to the company.

Kopparlunden is an industrial area with traditions, which is now gradually being transformed to an entirely new town district. The area and the buildings are characteristic of the period's industrial architecture and have a culture-historical value. The "Teknikbyn", which presently comprises more than 100 enterprises, has connections with Mälardalen University College. It is one of the most interesting development areas in Västerås due to it's central position and proximity to the College.

Furthermore, Aspholmen and Skanska have established a jointly owned company for the future development of Kopparlunden. This company has, at a total of SEK 44 million, acquired additional project properties containing 25,000 square metres of building permissions.

In Malmö, Fastighets AB Briggen has acquired a warehouse property in the Bulltofta industrial area where the company already owns several properties. The property has a lettable area of 14,216 square metres, of which about 3,000 square metres are vacant at present, and grounds of about 38,500 square metres. The property is suited to logistics and is easily accessible from the European highways E6/E20/E22. The purchase price was SEK 56 million.

In the Kungsängen district in Uppsala, Aspholmen Fastigheter AB is building a new, fully let office property of about 3,000 square metres. The project provides the company with modern, attractively situated premises, which will be ready for occupation during the spring 2002. The total investment amounts to SEK 33 million.

For further information, please contact
Lars-Erik Jansson, CEO, phone +46 31 60 74 00/ mobile +46 705-92 06 70

Håkan Hellström, CFO/deputy CEO, phone +46 31 60 74 00 / mobile +46 705-60 74 56