Castellum has through wholly owned subsidiaries acquired 14 properties for SEKm 233 and sold four properties for SEKm 81.
In the area Tunbytorp in Västerås, 13 commercial properties with a total area of 45,500 sq.m. have been acquired for SEKm 212. The real estate portfolio consists of office and retail premises as well as warehouse and industrial premises. In principal all premises are fully let and the time of taking possession will be in June.
In Kungsbacka, a commercial property of 4,000 sq.m. has been acquired and taken into possession, for SEKm 21. The property, which at the time of possession was vacant, is situated in the area Hede were the company already owns a number of properties.
In Helsingborg, three residential properties with a total area of 5,200 sq.m. have been sold to new tenant owners' associations which will take over possession on June 1, 2005. The total sales price of SEKm 74 exceeded the fair value by SEKm 15 and the book value by SEKm 34, as of 31 December, 2004.
In Alvesta, a commercial property of 6,800 sq.m. has been sold. The sales price of SEKm 7 was SEKm 2 below fair value and equivalent to book value, as of 31 December, 2004. Following the sale the company has no remaining properties in Alvesta.