- Rental income for the period January - September 2010 amounted to SEKm
The net leasing during the period amounted to SEKm 13 (-27). The gross leasing
(i.e. the annual value of total leasing) during the period was SEKm 177 (173),
of which SEKm 27 (22) were leasing on new constructions, extensions and
reconstructions. Notices of termination amounted to SEKm 164 (200), of which
bankruptcies were SEKm 5 (27).
"Both earnings and the demand for premises is still stable. The liquidity in the
real estate market is back to normal levels, which has also caused an increase
in real estate prices" comments CEO Håkan Hellström. "As in previous economic
upturns, there is a certain delay regarding increased demand for premises" adds
An election committee has been appointed in accordance to the Annual General
Meeting's decision. The election committee is formed by: Maj-Charlotte Wallin
representing AFA Försäkring, Rutger van der Lubbe representing Stichting
Pensioenfonds ABP, Lars-Åke Bokenberger representing AMF Pension and the
Chairman of the Board Jan Kvarnström.
Enclosure: Interim Report January - September 2010
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
Castellum is one of the major listed real estate companies in Sweden. The fair
value of the real estate portfolio amounts to approx. SEK 30 billion, and
comprises premises for office, retail, warehouse and industrial purposes with a
total lettable area of approx 3.2 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.
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