Castellum’s Year-end Report 2015: 6% growth in income from property management and a proposed dividend of SEK 4.90 per share

  · Rental income for the 2015 amounted to SEKm 3,299 (SEKm 3,318 previous
year).
  · Income from property management amounted to SEKm 1,533 (1,450),
corresponding to SEK 9.35 (8.84) per share, an increase of 6%.
  · Changes in value on properties amounted to SEKm 1,837 (344) and on
derivatives to SEKm 216 (–660).
  · Net income after tax for the year amounted to SEKm 2,881 (1,211),
corresponding to SEK 17.57 (7.38) per share.
  · Net investments amounted to SEKm 2,413 (–529) of which SEKm 1,232 (1,378)
were new constructions, extensions and reconstructions, SEKm 2,321 (1,147)
acquisitions and SEKm 1,140 (3,054) sales. Futhermore, 50% of the shares in
CORHEI Fastighets AB (former Ståhls), were acquired, with an underlying property
value of SEK 2 billion, for SEKm 505.
  · The Board proposes a dividend of SEK 4.90 (4.60) per share, equivalent to an
increase of 7%.
Gross leasing (i.e. the annual value of total leasing) during the year was SEKm
316 (304), of which SEKm 55 (55) were leasing of new constructions, extensions
and reconstructions. Notices of termination amounted to SEKm 298 (246), of which
bankruptcies were SEKm 11 (12) and SEKm 18 (36) were notices of termination with
more than 18 months remaining length of contract. Net lease for the year was
hence SEKm 18 (58) and for the fourth quarter isolated SEKm 11 (–17).

“2015 was a year characterized by high value growth, high portfolio turnover and
the initiation of major change processes. The year ended with significant growth
in property-management income: 13% for the last quarter”, says CEO Henrik
Saxborn in a comment. “I’m confident that 2016 will be a year of continued high
net investment volume and property-management income growth in line with our
objective of 10%”, adds Saxborn.

Enclosure: Year-end Report 2015

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 42 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