Castellum : Presentation Q2/2021

Nordic platform in office and logistics

HALF-YEAR REPORT JANUARY-JUNE

H E N R I K S A X B O R N , C E O

U L R I K A D A N I E L S S O N , C F O

Q2 in brief

• Castellum - now a Nordic platform
• Strongest half-year ever
• Strong rental markets
• Active and attractive property market

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Office market - rental levels and vacancies

• Increased adaptability important
• Increased flexibility in agreements
• No area reduction
• Positive renegotiations
• Positive net lettings

RENTAL LEVEL AND VACANCY RATES

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Office market - net leasing

NET LETTINGS 2011-Q2 2021	NET LETTINGS JANUARY-JUNE 2021
					Region
	MSEK	Central	West Öresund	Sthlm	North	Finland	Total
	New lettings
	Existing	69		42	37		49	1	10	208
	properties
	Investments	4		43	11		0	0	0	58
	Total	73		85	48		49	1	10	266
	Notices of terminations
	Existing	-53	-56	-33	-45	-5	-4	-196
	properties
	Bankruptcies	-4	0	0		0	0	0	-4
	Total	-57	-56	-33	-45	-5	-4	-200
	Net leasing	16		29	15		4	-4	6	66
	D:o Q2 2020	52		4	134		6	1	3	200

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Logistic market

• Strong market with high demand for new and efficient spaces
• Investments in Gothenburg, Stockholm and Malmö area
• Will increase the volume of new developments

Image: Halvorsäng is an ideal location for handling incoming goods unloaded by the Port of Gothenburg.

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