The Castellum AB subsidiary, Fastighets AB Brostaden, has acquired the Hornsberg 10 property, totalling approx. 14,900 sqm on western Kungsholmen in Stockholm. The investment amounted to MSEK 421 (€45M) and the seller is Index International.
The property comprises three interconnected buildings with approx. 9,500 sqm office premises, 2,000 sqm of retail area, 1,400 sqm in laboratory facilities, and a 400 sqm restaurant space. Remaining areas cover warehousing and storage. Current occupancy rate is 95%.

”This is our first foray into establishing a presence on Kungsholmen and the move confirms the portfolio upgrade currently taking place at Castellum”, says Henrik Saxborn, CEO at Castellum AB.
“The acquisition implies that we’re growing in a strategically interesting area – western Kungsholmen – where several larger companies have chosen to locate their headquarters. The property offers potential development possibilities and we’ll be happy to take them on.”
Castellum is one of Sweden’s largest real estate companies, listed on the Stockholm Stock Exchange, and holding properties valued at SEK 40 billion (€4,25 billion).