Castellum AB (publ) has through the wholly owned subsidiary Fastighets AB
Corallen started a new construction which is the last phase in the central area
Atollen, Jönköping. The new construction is carried out together with a partner
where Corallen's part consists of 4,400 sq.m. retail/office/restaurant premises,
of which 7% currently is leased. The new construction will be completed
according to the environmental system "Miljöbyggnad". Corallen started the
development in the area at the end of 2011 by a new construction of 6,019 sq.m.
office and retail premises. The total investment for Atollen is estimated to
SEKm 289, of which the last stage accounts for SEKm 133 and is estimated to be
completed during the spring 2015.
In the Berga area, Helsingborg, Fastighets AB Briggen has started a new
construction of a fully let, flexible warehouse building of 9,700 sq.m. The new
building will be completed according to the environmental system "Miljöbyggnad"
and "Green Building". The investment is calculated to SEKm 72 and to be
completed during the fourth quarter 2014.
In Högsbo, Gothenburg, Harry Sjögren AB has acquired an office property of
2,700 sq.m. The property is situated near the company's existing portfolio and
has an occupancy rate of approx. 45%. The investment amounted to SEKm 34 net
after reduction of estimated deferred tax and includes an unutilized building
right of 6,000 sq.m. The change of possession has taken place.
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.
GlobeNewswire, a Nasdaq company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.