Castellum's first half-year 2011: Continued improvement of

  * Rental income for the period January-June 2011 amounted to SEKm 1,447 (SEKm
    1,367 corresponding period previous year).
  * Income from property management amounted to SEKm 555 (537), corresponding to
    SEK 3.38 (3.27) per share, an increase with 3%.
  * The changes in value on properties amounted to SEKm 388 (366) and on
    interest rate derivatives to SEKm 67 (-89).
  * Net income after tax for the period amounted to SEKm 757 (603),
    corresponding to SEK 4.62 (3.68) per share.
  * The investments amounted to SEKm 841 (456) of which SEKm 528 (373) were new
    constructions, extensions and reconstructions and SEKm 313 (83)
    acquisitions.


The net leasing during the period amounted to SEKm 57 (11). The gross leasing
during the period were SEKm 189 (115), of which SEKm 38 (13) were leases for new
constructions, extensions and reconstructions. Notices of termination amounted
to SEKm 132 (104), of which bankruptcies were SEKm 7 (3).

"The net leasing continues to develop positively" comments CEO Håkan Hellström.
"That gives a good starting point for higher rental income in 2012" adds
Hellström.

Enclosure: Half-year Report January-June 2011


For further information, please contact
Håkan Hellström, CEO, phone +46 31 60 74 00 / mobile +46  705-60 74 56
Ulrika Danielsson, Finance Director, phone +46 31 60 74 00 / 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 33 billion, and
comprises premises for office, retail, warehouse and industrial purposes with a
total lettable area of approx 3.3 thousand 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 is listed on NASDAQ OMX Stockholm AB Large Cap.

Castellum AB (publ) discloses the information provided herein pursuant to the
Securities Markets Act and/or the Financial Instruments Trading Act.

[HUG#1530330]
Castellum's first half-year 2011: Continued improvement of income from property management and net leasing

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