Castellum invests SEKm 336 and sells for SEKm 23

During late 2015 Castellum AB (publ) has carried out eight investments,
including two new constructions, two reconstructions and four acquisitions.
Further a sale was also carried out.
“I look with pleasure on these investments with good returns for the benefit of
future growth in income from property management”, says Henrik Saxborn, CEO of
Castellum AB.

Fastighets AB Brostaden, a wholly owned subsidiary, started a fully leased new
construction of a facility for car sales comprising approx. 2,500 sq.m. in
Smista area, close to Kungens kurva in Huddinge. The area has since the
millennium developed to the Stockholm region's leading cluster for car sales
where Brostaden now strengthens its position. The investment is calculated to
SEKm 66, of which SEKm 5 refers to own land and the new building is expected to
be completed during the fourth quarter of 2016. A twelve-year lease covering the
entire facility was signed with Bilia Center Stockholm AB, a distributor of
Lexus. Rental income is estimated at SEKm 5 per year.

Further, Brostaden has acquired undeveloped land in Sigtuna with possibility to
produce up to 12,500 sq.m. logistics premises. The undeveloped land is located
in Rosersberg, one of Stockholm's main areas for logistics, close to Arlanda
airport. The investment amounted to SEKm 34. The change of possession has taken
place.
   Brostaden has sold an industrial property of approx. 1,800 sq.m. in
Johanneshov in in the so-called Bolidentriangeln the southern part of Stockholm.
The buyer is HSB. A local development work, estimated to take four years, is in
progress to convert the property into residentials. The net sales price amounted
to SEKm 23 after reduction for assessed deferred tax and transaction costs of
SEKm 2, which was in line with the latest valuation. The final sales price will
be settled after the local development plan becomes legally binding but the most
likely outcome is that no adjustment will be made. The change of possession has
taken place.
   An eight-year option agreement was signed, in connection with the sale, with
HSB for the sales of more than half of neighbour property, which consists of
land. HSB has the right to buy the land when the development plan has become
legally binding. Estimated purchase price is SEKm 160, which exceeds the current
value of the entire property with SEKm 70.

Harry Sjögren AB has acquired a fully leased industrial property in Mölndal,
with an average remaining lease term of approx. 3 years. The investment amounted
to SEKm 64 and covers approx. 4,900 sq.m. of which 3,500 sq.m. consists of
workshop space. One of the tenants is Mechanum and the rental income amounts to
approx. SEKm 7 per year. The change of possession has taken place.
In Örebro Aspholmen Fastigheter AB has acquired a warehouse and logistics
property located in Pilängen, an attractive logistics and industrial area that
has grown substantially. The investment amounted to SEKm 38. The property
consists of two buildings with a total lettable area of approx. 5,800 sq.m., of
which approx. 4,300 sq.m. consists of warehouse premises and the remaining part
of office and staff areas. The property, which has an unutilized building right
of approx. 2,000 sq.m, is currently vacant. The change of possession has taken
place.
   In Kopparlunden, Västerås, Aspholmen has started a new construction of
approx. 1,850 sq.m. flexible office premises. The investment is calculated to
SEKm 45 of which SEKm 2 refers to own land. Aspholmen owns and manage approx.
30,000 sq.m. in the area. The project is estimated to be completed by mid-2017.
The tenant includes HiQ and Maximatecc. Fully leased the estimated rental income
amounts to approx. SEKm 4. The currently occupancy rate is 44% with leases of 5
-7 years.
   In Boländerna, Uppsala, Aspholmen has acquired an industrial property of
2,200 sq.m. with a potential building right of 4,000 sq.m. The property is fully
leased to GE Health Care for one year with a rental income of SEKm 2.9. The
investment amounts to SEKm 29. The change of possession has taken place.
   In central Örebro, Aspholmen invests SEKm 16 in the reconstruction of an
office building of approx. 6,500 sq.m. The tenants include Swedbank, Telia and
Fastighetsbyrån. Fully leased the estimated rental income amounts to SEKm 9.

Fastighets AB Briggen has started a refurbishment of an office building in
eastern Malmö. The investment is calculated to approx. SEKm 44 and to be
completed by the end of second quarter 2017. A six-year lease from 1 July 2017
is signed with the Swedish Migration Board regarding the entire property,
approx. 15,200 sq.m. The total rental value is about SEKm 138 corresponding to
approx. SEKm 23 per year. When the new agreement comes to force will previous
agreements with the Swedish Migration Board on approx. SEKm 17 per year expire.

Castellum has long-term, unutilized credit facilities of approx. SEK 5 billion,
which will be used for the investments.

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, CFO, 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 41 billion, and
comprises premises for office, retail, warehouse and industrial purposes with a
total lettable area of approx 3.4 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 sustainability performance has, during 2015, been awarded with two top
distinctions. The World Green Building Council’s award Business Leadership in
Sustainability and “Green Star 2015” by GRESB which means that Castellum is one
of the highest ranking companies in the world in the real estate sector.

Castellum is listed on Nasdaq Stockholm AB 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