Castellum will through the wholly owned subsidiary Fastighets AB Corallen start
a new construction in the central land area Atollen, JÃ¶nkÃ¶ping. The new
construction, which starts in January 2012, will be carried out together with
two partners and Corallen's part consists of two blocks of 10,420 sq.m. in
total. Corallen's first stage consists of a total of 6,019 sq.m. of which 2,790
sq.m. office premises, 2,212 sq.m. retail and 1,017 sq.m. residential. The
investment in the first stage is estimated to SEKm 167 and will be completed
during the autumn 2013. Currently there are no signed leases in the property.
Fastighets AB Briggen has acquired two fully let office/retail properties in
Vibeholms Business Park in the Copenhagen area with a total of 10,191 sq.m. Both
properties are situated close to Briggen's earlier acquisitions in Copenhagen.
The investment amounted to SEKm 160.
For further information, please contact
HÃ¥kan HellstrÃ¶m, CEO, phone +46 31 60 74 00 / mobile +46Â 705-60 74 56
Henrik Saxborn, Deputy CEO. Phone +46 31 60 74 00 / +46Â 706Â 94 74 50
Castellum is one of the major listed real estate companies in Sweden. The fair
value of the real estate portfolio amounts to SEK 33 billion, and comprises
premises for office, retail, warehouse and industrial purposes with a total
lettable area of 3.3 thousand 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 Ã–resund Region, Greater Stockholm, MÃ¤lardalen
and Eastern GÃ¶taland.
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.
Press release 14/2011:
This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
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originality of the information contained therein.
Source: Castellum AB (publ) via Thomson Reuters ONE