"Castellum can summarize a year of historically high activity. The company has made acquisitions amounting to SEK 29 billion – including the acquisition of Norrporten, Sweden's largest real estate transaction 2016 – and we've completed sales of approximately SEK 7 billion. This repositioning means that the real estate portfolio now enjoys higher quality and more centralized locations in growth areas of Sweden and Copenhagen. We have extended average lease maturity and established a broader customer-base through a higher share of public customers. Moreover, net leasing has increased to a significant 178 million Swedish kronor", Saxborn comments.
Appendix: Year-end Report 2016
This information is information that Castellum is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 13.00 CET on January 19, 2017.
For additional information, please contact:
Phone +46-31 60 74 50
Phone +46-31 60 74 74
Castellum is one of the major listed real estate companies in Sweden. The fair value of the real estate portfolio amounts to approx. SEK 71 billion, and comprises of commercial properties for office, retail, warehouse and logistics with a total lettable area of approx. 4.3 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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