Sweden — Castellum increases its strategic position in warehouse and logistics buildings in selected premium locations. Construction of a third property in Brunna, Stockholm, has commenced.

Norway — Castellum has acquired 2,298,504 shares in Entra. The other bidder, SBB, throws in the towel.

Sweden — Castellum has entered into an agreement with real estate funds managed by Blackstone to divest a further 53 properties for net proceeds of SEK 4.8 billion after deductions for deferred tax and overheads of SEK 0.2 billion. The agreed property value involves a premium of 27 percent against the Q3 2020 valuation and 15 percent against the Q4 2020 valuation. Hand-over will take place on 3 May. The assets will be incorporated into Blackstone’s pan-European last mile logistics platform, Mileway.

Norway — Castellum has not received sufficient acceptances of the offer in order for the minimum acceptance threshold pursuant to the Offer Document Section 4.12 to be met.

Sweden — Castellum has received a proposal regarding the composition of the Board of Directors from Stichting Pensioenfonds ABP, the second largest shareholder in Castellum, and two members of the Election Committee, Vincent Fokke, representing Stichting Pensioenfonds ABP, and Charlotte Strömberg, Chair of the Board of Castellum.

Sweden — Castellum notes that the Swedish Competition Authority has granted regulatory competition approval for Blackstone’s acquisition of a portfolio of 214 income-producing warehouse and logistics assets from Castellum for SEK 18.1 billion.

Sweden — In a short period of time Castellum Region Öresund has completed a series of acquisitions in Malmö and Helsingborg, at a total acquisition price of approximately SEK 190 million.

Sweden — Today, Rutger Arnhult has informed Klövern’s board of directors that he will leave his position as CEO. This is a consequence of him being positive to the proposal of Castellum’s Nomination Committee that he is appointed Chairman of the company at the upcoming annual general meeting.

Sweden — On November 26, 2020, Castellum announced the intention to launch a share exchange and cash offer to eligible Entra's shareholders. Castellum now increases the consideration in the offer by 13.9% by offering each eligible Entra shareholder 8 newly issued Castellum shares for every 13 shares in Entra and NOK 54.39 in cash per share in Entra, representing a total value of NOK 1852 per Entra share excluding synergies.

Norway — Entra's board recommends that the company's shareholders not accept Castellum's offer for the company. However, the board is open to discussing a different approach to a deal, with Castellum or another player.

Sweden — Castellum is selling properties in the university area in Halmstad. The buyer is Intea Fastigheter, which thereby increases its portfolio in the area. The total lettable area is 36,376 square meters and the sales price amounts to SEK 714 million.

Finland — Castellum has today acquired a historic office building in Helsinki, located in one of the city's most dynamic developing areas. The acquisition price amounts to EUR 23,7 million including expenses of approximately EUR 0,7 million.

Norway — The Norwegian pension fund Folketrygdfondet - which owns 11.8 percent of Entra - says no to both Castellum's and SBB's bid for the company.

Norway — On Wednesday Castellum sent out a press release that discussions with Entra had been terminated. On Thursday Castellum made a new offer for Entra – with a bid that is higher than SBB's.