Castellum’s interim report January-March 2014: 8% growth in income from property management

  · Rental income for the period January-March 2014 amounted to SEKm 820 (SEKm
814 corresponding period previous year).
  · Income from property management amounted to SEKm 323 (300), corresponding to
SEK 1.97 (1.83) per share, an increase with 8%.
  · The changes in value on properties amounted to SEKm 52 (32) and on
derivatives to SEKm -170  (166).
  · Net income after tax for the period amounted to SEKm 171 (403),
corresponding to SEK 1.04 (2.46) per share.
  · Net investments amounted to SEKm 864 (333) of which SEKm 324 (407) were new
constructions, extensions and reconstructions, SEKm 636 (6) acquisitions and
SEKm 96 (80) sales.
Gross leasing (i.e. the annual value of total leasing) during the period was
SEKm 81 (84), of which SEKm 5 (4) were leasing of new constructions, extensions
and reconstructions. Notices of termination amounted to SEKm 55 (57), of which
bankruptcies were SEKm 3 (4) and SEKm 1 (1) were notices of termination with
more than 18 months remaining length of contract. Net lease for the period was
hence SEKm 26 (27).

”The positive trend has continued on Castellum’s side, with an 8% growth in
income from property management. It is particularly gratifying that all segments
contributed to the growth – both higher rental revenues as well as lower
property and financing costs”, commented CEO Henrik Saxborn. “Furthermore, we
enjoyed strong net leasing, totalling SEKm 26, where leasing within the existing
portfolio accounted for a major share of the leasing performance”, Saxborn
added.

Enclosure: Interim Report January-March 2014

Castellum AB (publ) discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act.

For further information, please contact

Henrik Saxborn, CEO, phone +46 31-60 74 50

Ulrika Danielsson, Finance director, mobile +46 706-47 12 61

www.castellum.se

Castellum is one of the major listed real estate companies in Sweden. The fair
value of the real estate portfolio amounts to approx. SEK 39 billion, and
comprises premises for office, retail, warehouse and industrial purposes with a
total lettable area of approx 3.7 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), Box 2269, SE-403 14 Göteborg  |  Org nr/Corp Id no SE
556075-5550   |  Phone +46 31 60 74 00 Fax +46 31 13 17 55