Sweden — Castellum is divesting a soon-to-be-completed property with the Swedish National Courts Administration as the sole tenant. The building will house the Göta Court of Appeal and the Administrative Court of Appeal in Jönköping. The underlying property value witch is in line with book to value, amounts to SEK 510 M with a market-based deduction for deferred taxes.

Sweden — Rutger Arnhult has informed the Board of Directors of Castellum that he has decided to leave his position as CEO of the company. The Board is now initiating a process to appoint a new CEO.

Sweden — Today, Corem Property Group signed an agreement to divest a portfolio of 47 properties from a subsidiary to an entity owned by funds advised by an affiliate of The Blackstone Group International Partners LLP.

Sweden — After having sold 40 million shares in Castellum in October, corresponding to 12.2 percent of the company, for SEK 4.6 billion to Akelius, Rutger Arnhult now continues to sell Castellum shares via M2 Asset Management. This time he is selling 2.3 million shares, corresponding to approximately 0.7 percent of the company, for SEK 303 million. The buyer this time, however, was not Akelius, Roger Akelius tells DI.

Sweden — Maria Strandberg has announced that she has decided to step down from her role as CFO at Castellum for new opportunities.

Sweden — Recently, Roger Akelius, the founder of Castellum's largest owner Akelius, called for Castellum to cancel dividends. Now, the Board does just that. The Board of Directors of Castellum observes that the bond market is still closed with no signs of recovery in the near future. In order to safeguard the company's credit rating, the Board of Directors has resolved to adopt a stricter financial policy and a savings program with a reduced investment scope for 2023 in order to strengthen the company's balance sheet. Furthermore, the Board of Directors will not propose that the upcoming Annual General Meeting resolves to pay any dividends.

Sweden — The construction of Hisingen’s new police station on Exportgatan has now begun. Castellum is creating purpose-built premises on the site where the old printing office for the Swedish daily Göteborgs-Posten once stood.

Sweden — Akelius recently became the largest owner in Castellum when it bought 12.2 percent of the shares from the former largest owner and current CEO Rutger Arnhult. In an interview with Göteborgs-Posten, Akelius' founder, Roger Akelius, sharply criticizes both Arnhult and Castellum and believes that the company must scrap its dividends to shareholders.

Sweden — Castellum permits M2 Asset Management AB to proceed with a sale of shares during the currently ongoing closed period.

Sweden — Castellum will build a new office building on Aspholmen with Bravida as tenant.

Sweden — Castellum has met all the conditions for securing the Green Equity Designation on Nasdaq Stockholm and has now become the first large property company in the Nordics to be approved and classified as such.

Sweden — Castellum is recruiting Ulrika Bexell, who will join Castellum in Stockholm and take the role as business developer. She joins from TAM Group where she worked with office development within the Sturekvarteret in Stockholm city.