September 20, 2010 - Assignment

Castellum sells hotel property to Behrn Fastigheter

Castellum’s subsidiary Aspholmen Fastigheter has sold a property in Örebro, Sweden (with an underlying property value of SEK 102 million) to Behrn Fastigheter. The property comprises 6,870 square metres, including among others a hotel business.

Aspholmen Fastigheter, a wholly-owned subsidiary of Castellum, has a strong local presence in the Mälardalen region and currently owns 115 commercial properties with a total lettable area of 516,000 square metres. Castellum is listed on NASDAQ OMX Stockholm.

Aspholmen was advised by Mannheimer Swartling on the transaction. Johan Ljungberg handled the matter, primarily assisted by Hillevi Börjesson, Malin Bengtsson and Jonas Larson.