“The sale is in line with the company’s strategy, and at the same time provides us with a cash injection that further strengthens our financial muscles for the proposed merger with Kungsleden,” says Rutger Arnhult, Chairman of the Board of Castellum AB.

As a partial payment, Castellum will receive a block of shares corresponding to a maximum of MSEK 200 in Oscar Properties, entailing an ownership share of approximately 10% based on the latest available ownership list. The block of shares is regarded as a financial investment whereby Castellum receives shares at a level that is considered attractive in a company with an exciting growth strategy. 

Nordanö was the advisor to Castellum.