Castellum sells properties in Malmö and Lund for SEKm 893


Castellum AB (publ) has sold 21 properties in Malmö and 7 properties in Lund.
Sale price totalled SEKm 893, after transaction costs and deferred assessed
taxes of SEKm 44, which is in line with the latest valuation. The properties are
to be vacated by December 1st, 2016.
The recently sold portfolio covers 114 thousand sq.m., comprising 21 properties
amounting to 88 thousand sq.m. in Malmö as well as 7 properties covering 26
thousand sq.m. in Lund. 9 of the 28 properties are site-leasehold rights.

The sale is aligned with ongoing portfolio development strategies that Castellum
has been carrying out in Malmö and Lund, in order to achieve higher density and
more efficient management in selected sub-markets.

“In connection with the Norrporten acquisition, Castellum had already announced
upcoming divestments of SEK 4 billion, targeting properties which do not
comprise a long-term strategic holding – all with the purpose of retaining a
strong balance sheet and creating an enhanced property portfolio in the future”,
says Henrik Saxborn, Castellum CEO. “This transaction is the first step, which
enables us to refine the portfolio in Malmö and Lund to selected sub-markets.

Summary of the transaction:
Sale price: SEKm 893, after transaction costs and deferred assessed taxes of
SEKm 44, which is in line with the latest valuation.
Premises vacated, effective: December 1, 2016.
Leasable area and occcupancy rate: Approx 114 thousand sq.m., with an occupancy
rate of 75% during 2016.
Properties affected by this deal:
Malmö: Murman 7, 8 and 11, Stillman 40, Skjutsstallslyckan 3, Haken 3, Flygfyren
1, Flygvärdinnan 4, Flygledaren 3, Skevrodret 1, Höjdrodret 3, Lillgrund 5,
Bjälken 3, Betongen 11, Nejlikebuketten 4 and 6, Vårbuketten 3, Brandnäven 1 and
2, as well as Svedjenäven 3 and 4.
Lund: Annedal 9, Traktorn 2 and 4, Trumlan 1, Välten 4 and 5, as well as Ådret
12.
Average lease duration: 3.2 years.
Rental value: SEKm 120 for 2016.
Major tenants: Mio, DHL, Malmö Municipality, Corsec, Purac.

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 2 pm CET on October 19, 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

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