Castellum’s Interim Report, January-September 2016: 11% growth in income from property management and strong net leasing


· Rental income for the period January-September 2016 amounted to SEKm 3,166
(SEKm 2,449 corresponding period previous year).
  · Income from property management amounted to SEKm 1,492 (1,152),
corresponding to SEK 6.74 (6.09) per share, an increase of 11%.
  · Changes in value on properties amounted to SEKm 2,065 (818) and on
derivatives to SEKm –224 (53).
  · Net income after tax for the period amounted to SEKm 2,491 (1,621),
corresponding to SEK 11.25 (8.58) per share.
  · Net investments amounted to SEKm 30,197 (2,412) of which SEKm 28,894 (1,844)
were acquisitions, SEKm 1,384 (847) new constructions, extensions and
reconstructions and SEKm 81 (279) sales.
  · Net lease for the period was SEKm 94 (7).
“We operate in an environment of strong markets – a real estate market with high
investment demand, a strong rental market where many leases can be renegotiated
with substantial rent increases, and a continued stable credit market”, says
Henrik Saxborn, CEO of Castellum, in a statement. “For the period, Castellum
delivers growth in property-management income of 11%, net leasing of SEKm 94,
and a substantial value development in the real estate portfolio.”

“We’re currently involved in extensive work integrating Norrporten – realizing
synergies and merging two organizations into an even more efficient and
effective unit. Development is proceeding according to Plan, and we’re on track
to deliver according to assessments provided in the new issue prospectus”,
continues Saxborn.

Enclosure: Interim Report January-September 2016

This information is information that Castellum is obliged to make public
pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The
information was submitted for publication, through the agency of the contact
person set out below,
at 1:00 pm CET on October 12, 2016.

For additional information, please contact:
Henrik Saxborn, CEO, Phone +46-31-60 74 50
Ulrika Danielsson, CFO, Phone +46-31-60 74 74

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 74 billion, and
comprises of commercial properties for office, retail, warehouse and industrial
with a total lettable area of approx. 4.7 million sq.m.

Castellum own and manage properties through one common brand in five
geographical regions with strong local presence. The five geographical regions
are: Central, North, Stockholm, West and Öresund.

In 2016, Castellum sustainability performance was awarded two top distinctions:
First Prize for sustainability reporting in Europe from EPRA and Global Sector
Leader, handed out by GRESB which means that Castellum is ranked first in the
world within the office- and industrial-properties sector. Further Castellum has
been selected as an index component of the Dow Jones Sustainability Indices
(DJSI), which includes the companies in all industries in the world with best
performance in terms of sustainability.

The Castellum share is listed on Nasdaq Stockholm Large Cap.

Castellum AB (publ), Box 2269, SE-403 14 Gothenburg | Org nr/Corp Id no SE
556475-5550 | Phone +46 31 60 74 00 Fax +46 31 13 17 55

Attachments

Press release 161012 ENG.pdf 10120791.pdf