Castellum AB (publ) has through the wholly owned subsidiary Eklandia Fastighets
AB acquired 4,000 sq.m. land in the Lindholmen area, Gothenburg. The land is
well situated according to future infrastructure projects and is located near
Eklandia's existing properties.
A new office building will be constructed on the land comprising 8,880 sq.m.
The new construction will start at the end June 2013 and is estimated to be
completed at the year-end 2014/2015. The investment, including acquisition of
land is calculated to SEKm 219. The new building will be constructed according
to Green Building Standard.
"We are pleased to start another central urban construction project - this time
fully leased" comments Henrik Saxborn, CEO of Castellum AB.
For further information, please contact
Henrik Saxborn, CEO, phone +46 31 60 74 50
Ulrika Danielsson, Finance Director, 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 SEK 37 billion, and comprises
premises for office, retail, warehouse and industrial purposes with a total
lettable area of 3.6 million 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