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Castellum Appoints MD of Region West

GÖTEBORG, Sweden, Oct. 26, 2017 /PRNewswire/ --

Mariette Hilmersson has been appointed as new Managing Director of Region West in Castellum. Mariette has most recently worked as Managing Director and CEO of Förvaltnings AB Framtiden and brings extensive experience to Castellum from several management positions in the real estate business. Förvaltnings AB Framtiden is a real estate group owned by the City of Gothenburg and responsible for all housing companies.

As Managing Director, Mariette will manage Region West – that is operations mainly in Greater Gothenburg – with a real estate portfolio that amounts to approx. SEK 17 billion.

Mariette will join the Executive Team, and will enter the position 1 February, 2018.

"We welcome Mariette as MD in Region West and look forward to the future cooperation. With Mariette's experience in property management as well as her broad strategic competence she will continue to develop Region West. She will also be a strong complement to Castellum's executive group management and contribute to our future development", says Henrik Saxborn, Castellum CEO.

Förvaltnings AB Framtiden is a real estate group with seven subsidiaries that comprise housing, property management and production of new housing. The Group owns and manages approx. 72,000 residential units and 317,000 square meters of premises in the municipality of Gothenburg via subsidiaries.

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, at 13:00 am CET on October 26, 2017.

For additional information, please contact::

Henrik Saxborn,
CEO Castellum AB,
Phone: +46-31-60-74-50

Tina Norin,
Press relations, Castellum AB,
Phone: +46-31-60-74-82

www.castellum.com

Castellum is one of the major listed real estate companies in Sweden. The fair value of the real estate portfolio amounts to approx. SEK 77 billion and comprises commercial properties for office, retail, warehouse and logistics with a total lettable area of approx. 4.4 million sq. m.

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 from Copenhagen in the south to Sundsvall in the north.

In 2017, Castellum's sustainability performance was awarded two top distinctions: First Prize for sustainability reporting in Europe from EPRA and the Global Sector Leader Award from GRESB, which means that Castellum is ranked as number one in the world within the office- and industrial-properties sector. In addition, Castellum has been selected for inclusion in the Dow Jones Sustainability Index (DJSI), which includes international companies noted for outstanding performance in dealing with sustainability issues.

The Castellum share is listed on Nasdaq Stockholm Large Cap.

Castellum AB (publ), Box 2269, SE-403 14 Gothenburg | Corp Id no SE 556475-5550 | Phone +46-31-60-74-00

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SOURCE Castellum