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Q1 2019 Castellum AB Earnings Call Transcript
Speakers, please begin.
Thank you. Thank you, everyone. Welcome to the Q1 report then from Castellum. I will start with shortly going through the report so we can just take the next slide, please. We can summarize that this quarter has been a very active one for Castellum. We have done a portfolio shift and started a new businesses in co-working. What we have done? We have done this by actually then buying United Spaces, the co-working company with 20 years of experience in aeronautics. We have sold out (inaudible) and with that left the northern part of the portfolio in one deal. So that's now down to them. Then we bought ourselves into 50% of that volume into (inaudible). That's more or less the same deal, the approximately 5%. We also strengthened our position in CBD of Gothenburg, buying an asset for almost SEK 1 billion next door to our best located asset. And the last part we sold our retail, retail part of Uppsala, and with that have no more malls, and with that also lowered our exposure to retail. That means that we've
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