Press release 12/2006

Gothenburg, December 1st, 2006

Castellum sells the last residential property

Castellum has through a wholly owned subsidiary sold a residential property for SEKm 255 

Castellum has sold the last remaining pure residential property. The property, located on Slottshöjden in Helsingborg, has been sold to a new tenant owners’ association for SEKm 255. The property consists of a number of buildings and holds 183 apartments with a total area of 13,700 sq.m. Possession of the property was given up on December 1st, 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 fair value of the real estate portfolio amounts to approx. SEK 23 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, Mälardalen and Western Småland. The Castellum share is registered on OMX – Nordic list Large cap. 

For further information, please contact
Håkan Hellström, CEO, phone +46 31 60 74 00 / mobile +46 705-60 74 56 
Henrik Saxborn, Deputy CEO, phone +46 31 60 74 50 /
mobile + 46 706-94 74 50