Gothenburg 16 August, 2005

Castellum invests SEKm 150

Castellum has decided on new construction for SEKm 150.

In Arendal, right next to the Gothenburg harbour, Eklandia Fastighets AB is about to build a warehouse and logistics building with a lettable area of approx. 27,000 sq.m. for SEKm 150. The building will have 10 meters ceiling and 25 docking houses. A lease contract has been signed for all lettable area with an international logistics company. Time for moving in is planned to take place during the third quarter 2006.

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 value of the real estate portfolio amounts to approx. SEK 20 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, 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