Gothenburg 16 December, 2005

Castellum invests for SEKm 200

Castellum has through wholly owned subsidiaries decided on investments of SEKm 48 and acquisitions for SEKm 155.

Aspholmen Fastigheter AB will build an office property of 3,700 sq.m. at the southern entrance of the working area Aspholmen in Örebro. A leasing contract has been signed for the entire area with a company that presently leases premises in a number of properties within the area. The investment amounts to SEKm 48 and time for moving in is set to the turn of the year 2006/2007.

Fastighets AB Brostaden has acquired an industrial property with a lettable area of approx. 15,000 sq.m. for SEKm 68. The property is located in Mariehäll and partly unlet. Time of taking possession will be in December 2005. Brostaden owns a number of properties in Mariehäll with a total lettable area of approx. 90,000 sq.m.

Brostaden has also acquired an unlet commercial property in Sollentuna of approx. 4,000 sq.m. for SEKm 25. The property consists of retail and industrial premises. Possession of the property was taken in December 2005. Brostaden owns a number of properties in Sollentuna with a total lettable area of approx. 50,000 sq.m.

Harry Sjögren AB has acquired two warehouse and industrial properties in Borås with a total lettable area of approx. 15,000 sq.m. for SEKm 62. One of the properties holds an unutilized building permission of approx. 8,000 sq.m. The economic occupancy rate is approx. 85% and possession of the property was taken in December 2005. Harry Sjögren AB owns a number of properties in Borås with a total lettable area of approx. 75,000 sq.m.

 
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