· Rental income for 2013 amounted to SEKm 3,249 (SEKm 3,073 corresponding period previous year). · Income from property management amounted to SEKm 1,346 (1,255), equivalent to SEK 8.21 (7.65) per share, a increase with 7%. · The changes in value on properties amounted to SEKm 328 (-69) and on derivatives to SEKm 429 (–110). · Net income after tax for the year amounted to SEKm 1,707 (1,473), equivalent to SEK 10.41 (8.98) per share. · The net investments amounted to SEKm 1,081 (2,545) of which SEKm 1,583 (1,279) were new constructions, extensions and reconstructions, SEKm 185 (1,519) acquisitions and SEKm 687 (253) sales. · The Board proposes a dividend of SEK 4.25 (3.95) per share, corresponding to an increase of 8%. Gross leasing (i.e. the annual value of total leasing) during the year was SEKm 366 (327), of which SEKm 96 (79) were leasing of new constructions, extensions and reconstructions. Notices of termination amounted to SEKm 261 (278), of which bankruptcies were SEKm 23 (28) and SEKm 18 (40) were notices of termination with more than 18 months remaining length of contract. Hence net leasing for the year was SEKm 105 (49) of which SEKm 24 (6) relates to the fourth quarter isolated. ”I am pleased to announce that Castellum present growth in income from property management and can raise the dividend for 16 consecutive years” comments CEO of Castellum Henrik Saxborn. ”With Castellum’s good position – a strong balance sheet and good net leasing from 2013 I look forward to develop the company together with my colleagues” adds Saxborn. Enclosure: Year-end Report 2013 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, Finance director, mobile 0706-47 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 38 billion, and comprises premises for office, retail, warehouse and industrial purposes with a total lettable area of approx 3.6 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 is listed on NASDAQ OMX Stockholm AB Large Cap.
Castellum’s Year-end Report 2013: Growth in income from
Top 10 Most Recent News Articles
Ambient AI Shows Promise for Boosting Cancer Care Efficiency
Study Points to Ambient AI's Promise in Oncology Some days, the world of cancer care is a real beast to tackle. But today, we've got a glimpse into how technology, and specifically ambient AI, might just help slay some of the burdens that these healthcare warriors face daily. The Florida Cancer Specialists & Research Institute (FCS) joined hands to dive into how this tech...
Continue Reading
Independents Finally Center Stage on Election Night
Unprecedented Spotlight on Independent Voters The political landscape is in for a shake-up, folks. Come November 3rd, we're witnessing something that hasn't been done before—an entire Election Night dedicated exclusively to independent voters. It’s high time these folks got the spotlight, considering a whopping 45% of U.S. adults have shunned the extremist seesaw of...
Continue Reading
Fair Play in Focus: SYNA, CSR, VCTR, EFSI Deals Scrutinized
The Corporate Buzz: Deals Under the Microscope Riding the rollercoaster of mergers and acquisitions ain't new in the stock market realm. But when the stakes seem one-sided, alarms start ringing. Halper Sadeh LLC, a firm that cuts its teeth on this kind of corporate sleuthing, is all hands on deck probing a slew of big deals involving Synaptics (NASDAQ:SYNA), Centerspace...
Continue Reading
New Drug Revolutionizes Endometrial Cancer Treatment
A New Dawn for Endometrial Cancer Treatment Alright, every once in a while, something shakes up the world of oncology. And that's exactly what's happening with sacituzumab tirumotecan, or sac-TMT if you want to save your breath. This new drug is stepping up as a future star in the fight against endometrial cancer, according to an eye-popping international study led by NYU...
Continue Reading
Cleveland Youth Team Uses Global Catch for Fundraising
Turning a Simple Game into a Global Campaign Sometimes, you just need a fresh angle to hit a home run, and that's what Thunder Baseball is counting on. The Cleveland-based 501(c)(3) youth baseball organization is ditching the old fundraising playbook. No more cookie-cutter raffles or bake sales. Instead, they’re launching a campaign that taps into the universal joy of...
Continue Reading
Coastal Financial Faces Lawsuit Amid Massive Stock Hit
Coastal Financial Corporation's (NASDAQ:CCB) recent nosedive is more distressing than a rollercoaster ride. After a 43.52% stock drop, investors are furious, to say the least. What tipped the scales? Coastal's financial revelations painted a bleak picture, but that’s just scratching the surface of a mess that has folks heading for legal battles. Behind the Numbers: The...
Continue Reading
Keeper Security Shines in Gartner's 2026 PAM Report
Recognition That Stands Out When you're in the security game, being flagged in the Gartner® Magic Quadrant™ is like getting the thumbs-up from the industry's toughest critic. Keeper Security just snagged that recognition for the second year straight, and what's putting feathers in their cap? A completeness of vision and the chops to execute—no small feat in the wild...
Continue Reading
Google Faces Investor Lawsuit Over AI Model Delays
Alphabet's in hot water, folks—a class action lawsuit's been slapped on the giant for allegedly pulling the wool over investors' eyes about its highly touted Gemini 3.5 Pro AI model. This ain't just a slap-on-the-wrist scenario; we're talking about allegations of securities fraud that's got Alphabet's shareholders clutching their stock certificates and wondering how it...
Continue Reading
Bank of America Faces Securities Fraud Suit Amidst Stock Dip
Bank of America in Hot Water Over Compliance Issues No one likes waking up to a legal mess, especially shareholders. Bank of America finds itself knee-deep in a class action lawsuit. What kicked off this chain reaction of legal turmoil? Allegations that the bank downplayed their dirty laundry concerning the Bank Secrecy Act and anti-money laundering compliance failures....
Continue Reading
Teamsters Secure Strong Contract for CA Waste Workers
Teamsters Flex Muscles in So-Cal Sanitation Sector So here's one for the books: 700 Waste Management workers represented by Teamsters Local 396 just locked down a fresh collective bargaining agreement in Los Angeles and Orange counties. And let me tell you, this isn’t just another contract—it's a testament to what solidarity can wring out of a massive corporation. The...
Continue ReadingTop 5 Most Recently Viewed Articles
Tourmo Secures Growth Funds for Innovative Fleet Solutions
Tourmo Receives Growth Investment to Enhance Fleet Operations Tourmo has successfully secured a substantial growth debt transaction from Decathlon Capital Partners to fuel its expansion efforts. This innovative financing structure is set to enhance the capabilities of Tourmo, a leader in AI-powered Fleet Operations intelligence solutions. Impact of the Funding on Tourmo...
Continue Reading
Buildforce's $10M Boost: Powering Next Growth Phase
Ah, the scent of fresh investment is wafting in, folks. Buildforce, the mover and shaker in the tech-enabled electrician staffing scene, just snagged a cool $10 million in Series A financing. Now, if you're wondering why a staffing company is worth all the buzz, let's dig into the nitty-gritty. The Money Behind the Madness Leading the charge in this funding bonanza is...
Continue Reading
Navigating the Global Debt Crisis: Opportunities and Risks
Understanding the Surge in Global Debt We find ourselves at a pivotal moment in the global economy, as debt continues to soar to unprecedented heights. Recent findings reveal that the total world debt has surged to approximately US$ 346 trillion. This staggering figure represents about 310% of the global GDP, highlighting our reliance on debt financing to sustain economic...
Continue Reading
Replica Cyber Innovates Platform for Enhanced Security and Growth
Introduction to Replica Cyber's Evolved Platform Replica Cyber stands as a pioneering force in Zero-Trust Isolated Environments, committed to enhancing the security and operational functionality of businesses and government entities. Their latest announcement unveils a transformative evolution of the Replica platform, designed to improve how organizations carry out...
Continue Reading
Telomir Pharmaceuticals Showcases Promise of Telomir-1
Telomir Pharmaceuticals' Advancements in Drug Development Telomir Pharmaceuticals, Inc. has recently made headlines with the promising preclinical findings related to its innovative compound, Telomir-1. This compound has demonstrated strong potential for treating Wilson's disease, a serious condition caused by an accumulation of copper in the body due to ATP7B mutations,...
Continue Reading