GÖTEBORG, Sweden, Jan. 23, 2019
GÖTEBORG, Sweden, Jan. 23, 2019 /PRNewswire/ --
"I am very proud of our 2018 results – one of the best in the Castellum's history. We are delivering an increase of 17% in income from property management and our dividend tradition continues with the Board proposing an increased dividend for the 21st consecutive year," says Henrik Saxborn, CEO.
"Our focus is on creating long-term shareholder value, in both strong and weak business cycles. There are signs of a somewhat more weakening rental market going forward, but Castellum is well equipped with our strategic portfolio, clear focus on offices and logistics and continued development of our customer offering," Saxborn concludes.
Enclosure: Year-end Report 2018
This information is information that Castellum is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out below, on January 23, 2019, at 8.00 AM CET.
For further information contact:
Henrik Saxborn, CEO, Castellum AB, + 46 (0)31-60-74-50
Ulrika Danielsson, CFO, Castellum AB, +46 (0)706-47-12-61
Castellum is one of the largest listed real estate companies in Sweden. Property values amount to SEK 89.2 billion and holdings comprise office, warehousing/logistics and public sector properties, covering a total leasable area of 4.3 million square metres. The real estate portfolio is owned and managed under the Castellum brand through a decentralized organization with strong and clear local presence in 20 cities in Sweden and also in Copenhagen and Helsinki.
In 2018, Castellum received two awards for sustainability efforts; designated Number One in the world by GRESB for the offices-and-logistics sector, as well as the Level Gold award for sustainability reporting from the EPRA (European Public Real Estate Association). In addition, Castellum is the only Nordic real-estate and construction company elected to the Dow Jones Sustainability Index (DJSI), joining a select group of companies in the world who perform best on sustainability issues.
The Castellum share is listed on Nasdaq Stockholm Large Cap.
Castellum AB (publ), Box 2269, 403 14 Gothenburg, Sweden | Corp.Id.no. 556475-5550 | Phone +46 (0)31-60-74-00
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The following files are available for download:
Castellum Year-end Report 2018