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ARTICLES TAGGED WITH "Castellum"

The Highest Paid Board Members

Nordic — Nordic Property News presents the average fees of the board members in the largest Nordic real estate companies on the stock exchange.

They Invested Most in Their Own Portfolio in the First Quarter

Nordic — Nordic Property News presents the largest investments from the listed companies in the Nordics during Q1 – in their own portfolios.

The Nordic Top Sellers in the First Quarter

Nordic — Nordic Property News presents how much the listed Nordic real estate companies divested in the first quarter.

The Nordic Top Buyers in the First Quarter

Nordic — Nordic Property News presents how much the listed Nordic real estate companies acquired in the first quarter of 2019.

Castellum Reports Strong Increase in Rental Income

Sweden Sweden — Swedish real estate giant Castellum shows up strong Q1 figures.

The Largest Nordic Q1 Transactions

Nordic — Nordic Property News lists the largest transactions in the Nordics during Q1 2019.

Castellum and HSB to Cooperate in Hagastaden

Sweden Sweden — Castellum is stepping in as a project partner with the HSB Bostad cooperative housing association for two city blocks of Hagastaden, where Castellum will erect, own and manage all of the commercial spaces. An estimate for the relevant area is 10,000 sqm.

The Nordic Top Sellers in 2018

Nordic — Nordic Property News presents how much the listed Nordic real estate companies divested in 2018.

Castellum Makes Major Office Purchase in Gothenburg...

Sweden Sweden — Castellum has acquired the Gullbergsvass 1:2 and Gullbergsvass 1:12 office properties in central Gothenburg from SEB Trygg Liv for MSEK 867 (EUR 82M).

...and Sells Commercial Properties in Uppsala

Sweden Sweden — Castellum is selling four retail properties as well as one office building in the Boländerna business area of Uppsala, to Svenska Handelsfastigheter. In total, the properties comprise approx. 50,000 sq.m, including the Bolandcity shopping mall. Sales price amounts to MSEK 678 (EUR 64M), after a MSEK 30 (EUR 2.8M) deduction for transaction costs and deferred taxes.

“I Know That They Want More Assets”

Finland Finland — Henrik Stadigh is the man that will establish the Swedish real estate giant Castellum in Helsinki. Here is the main focus for the new Business Area Manager.

Castellum Recruits Helsinki Business Area Manager from Sponda

Finland Finland — Henrik Stadigh has been recruited for a newly created position as Business Area Manager for Castellum in Helsinki. He arrives most recently from his role as Senior Vice President at the Sponda real estate company.

Castellum Enters Large Stockholm Project

Sweden Sweden — The City of Stockholm is proposing a land allocation agreement to Castellum, regarding three blocks of offices and residences in Hagastaden. Total investment for the acquisition of building rights has been calculated to approx. MSEK 800 (EUR 77M). Construction is scheduled to begin in the first quarter of 2021, with occupancy in 2024, at the earliest.

How Castellum will Expand Coworking in the Nordic Region

Nordic — After the acquisition of United Spaces – more coworking spaces on the way into the Nordic countries. "Great interest in all cities".

Castellum Buys United Spaces

Sweden Sweden — Castellum buys 100 percent of United Spaces, the leading coworking company in the Nordics, for MSEK 200 (EUR 19M).

Castellum's Plans for Finland

Finland Finland — The Swedish giant showed strong results in their financial statements. Now they plan on conquering the Finnish market. CEO Henrik Saxborn tells Nordic Property News why they chose to establish a business in the country, which segment applies, and what the acquisition plans look like.

Castellum Recruits Investments Director from NCC

Sweden Sweden — Linked to strong growth initiatives, Castellum has recruited a Investments Director and Vice-president with substantial experience from the real estate world. Carola Lavén arrives from her previous role as Head of NCC Property Development, where she has also participated in the Executive team.

The Major Swap Could Have Taken Place Several Years ago

Sweden Sweden — Peter Gotthardsson, Chairman of the Board at Lilium, talks about the exchange deal with Castellum.

Castellum and Lilium in Massive Swap Transaction

Sweden Sweden — Castellum has completed an exchange transaction with Fastighetsaktiebolaget Lilium, wherein Castellum will acquire six properties in Linköping, and sell twenty properties in Sundsvall. The value of the transaction is SEK 5.2 billion (EUR 506M).

Castellum Shifts Focus – Stockholm MD Leaves the Company

Sweden Sweden — Castellum increases focus on logistics and offices. With the shifting focus the company makes change at the top. Anders Nilsson, Managing Director for Region Stockholm-North, leaves the company effective immediately.

Balder Acquires Portfolio from Castellum

Sweden Sweden — Balder has together with institutional capital entered into an agreement with Castellum to acquire a real estate portfolio including office, warehouse and logistic properties in Stockholm and Gothenburg.

Castellum Sells to Stendörren

Sweden Sweden — Castellum is selling a portfolio consisting of eight properties in the Bäckby industrial area of Västerås to Stendörren. The properties comprise a total of nearly 41,500 sq.m. of office, warehousing and industrial premises. Sales price amounts to MSEK 313 (EUR 30M).

Castellum Invests EUR 116M in New Premises for The Swedish Courts

Sweden Sweden — The government has approved the Swedish Court (Domstolsverket) tenancy application and a rental agreement has been signed between the Swedish Courts and Castellum. Castellum is planning new construction of 25 000 sq.m. modern courtroom premises in the centrally situated Nyhamnen area of Malmö. The investment, calculated at SEK 1.2 billion (EUR 116M), constitutes a significant part of Castellum’s strategy towards further growth in the Öresund area, and is one of Castellum’s largest projects of all time.

Klövern CEO Becomes Largest Owner in Castellum

Sweden Sweden — Rutger Arnhult, CEO of Klövern, and large owner of Corem, Klövern and Sagax becomes the largest owner in listed Castellum. He tells Nordic Property News of the future of the company and his feelings on his ownership.

Castellum's Climate Targets Approved by the SBT Initiative

Sweden Sweden — Castellum is the first Nordic real estate company to have its climate objectives approved by the Science Based Targets (SBT) initiative. Castellum’s primary goal is to reach 100 percent climate neutrality throughout company operations by 2030, thereby supporting the United Nations Framework Convention on Climate Change, as well as national ambitions for a fossil-free Sweden.