Gothenburg, March 19, 2004

Castellum invests SEKm 110

Castellum has through the subsidiary Fastighets AB Briggen acquired an office property in Lund of approx. 12,000 sq.m. for approx. SEKm 110. Most of the premises are let, however there are plans for refurbishment as well as new construction for the purpose of suiting more kinds of activities. Briggen took possession of the property on March 15th, 2004.

Further more Briggen has sold a residential property of approx. 1,300 sq.m. in Helsingborg to a new tenant-owners’ association, which will take possession of the property on April 1st, 2004. The sales price totalled SEKm 17 with a capital gain of SEKm 10.


Castellum is one of the major listed real estate companies in Sweden. The book value of the real estate portfolio amounts to approx. SEK 14 billion, and comprises mainly commercial properties. The real estate portfolio is owned and managed by six subsidiaries with strong local roots in five growth regions: Greater Gothenburg, the Öresund Region, Greater Stockholm, Western Småland and Mälardalen. The Castellum share is listed on Stockholmsbörsen’s O-list.

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

Gothenburg, March 19, 2004

 

 
Castellum invests SEKm 110

 

Castellum has through the subsidiary Fastighets AB Briggen acquired an office property in Lund of approx. 12,000 sq.m. for approx. SEKm 110. Most of the premises are let, however there are plans for refurbishment as well as new construction for the purpose of suiting more kinds of activities. Briggen took possession of the property on March 15th, 2004.

Further more Briggen has sold a residential property of approx. 1,300 sq.m. in Helsingborg to a new tenant-owners’ association, which will take possession of the property on April 1st, 2004. The sales price totalled SEKm 17 with a capital gain of SEKm 10.


Castellum is one of the major listed real estate companies in Sweden. The book value of the real estate portfolio amounts to approx. SEK 14 billion, and comprises mainly commercial properties. The real estate portfolio is owned and managed by six subsidiaries with strong local roots in five growth regions: Greater Gothenburg, the Öresund Region, Greater Stockholm, Western Småland and Mälardalen. The Castellum share is listed on Stockholmsbörsen’s O-list.

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