Castellum Hires Acting CEO

Sweden Sweden — The Board of Directors of Castellum has appointed Jakob Mörndal as acting CEO, to take office on 8 October. He succeeds Henrik Saxborn, who in April announced his departure from the company following more than eight years in the position.

Castellum Sells Portfolio to Oscar Properties

Sweden Sweden — Castellum sells a property portfolio to Oscar Properties for approximately SEK 1.7 billion.

The Entra CEO’s Reaction on Castellum’s Increased Holding

Norway Norway — Sonja Horn, CEO of Entra: “Both major shareholders have to date expressed their support to Entra’s strategic priorities.”

Castellum Increases Entra Holding

Norway Norway — Castellum has acquired 21,408,057 shares in Entra on August 27, 2021 at a price of NOK 210 per share from Folketrygdfondet.

Leaves Castellum for the New Giant

Sweden Sweden — Makes the switch between the two Swedish giants.

... and Affirms Castellum's Current Issuer Rating

Sweden Sweden — As a result of the offer from Castellum to Kungsleden's shareholders, Moody's has evaluated Castellum's rating and announced on 4 August that they affirm the company's current rating of Baa2 with a stable outlook.

What Attracted Castellum to Make the Major Kungsleden Bid

Sweden Sweden — Nordic Property News has taken a closer look on Rutger Arnhult and Castellum's main reasons behind the SEK 27 billion bid on Kungsleden.

Why the Swedish Giants Are a Perfect Match

Sweden Sweden — Charlotte Axelsson, Chairman of the Board at Kungsleden, tells Nordic Property News why the board recommended the public offer to the shareholders of Kungsleden, and how the process was during this summer.

Castellum Makes Major Bid to Acquire All Shares in Kungsleden

Sweden Sweden — Castellum announces a recommended public offer to the shareholders of Kungsleden, to acquire all shares in Kungsleden, with the intent to combine the two companies. The Board of Directors of Kungsleden unanimously recommends the shareholders of Kungsleden to accept the public offer made by Castellum.

Nyfosa Acquires Finnish Portfolio for EUR 208M

Finland Finland — Nyfosa has acquired a portfolio consisting of nine office properties and one project property in the Finnish university town of Jyväskylä at a total value of MEUR 208 from Castellum.

Castellum's CEO on the Kielo Acquisition

Finland Finland — Castellum makes a massive investment in Finland with the acquisition of Kielo from Brunswick and Blackstone. CEO Henrik Saxborn tells Nordic Property News about the acquisition and the repositioning towards offices.

Castellum Acquires Kielo for Approximately EUR 640M

Finland Finland — Castellum acquires the real estate company Kielo, part-owned and managed by Brunswick Real Estate, for approximately EUR 640 million.

Castellum Acquires Office Property from NCC

Sweden Sweden — Castellum establishes itself in expansive Järva Krog in Solna. This is done through a company acquisition of NCC Property Fyrtioett AB and its modern newly built office property K11. The acquisition amounts to just over SEK 1 billion.

Castellum Forms JV for New Logistics Hub

Sweden Sweden — Castellum has signed a letter of intent with the Port of Gothenburg to jointly develop the Halvorsäng area into a leading Nordic logistics hub. The collaboration will be conducted in a partner company where Castellum and the port own equal parts. Castellum invests approximately SEK 1 billion in the project.

With Two Swedish Main Owners: Here Are Entra’s Future Targets

Norway Norway — Entra’s CEO Sonja Horn on the closing of the major acquisition in Oslo, investment targets going forward, and the close dialogue with the Swedish main owner and whether that is affecting the business strategy.

Castellum Acquires SBB's Entra Stake for NOK 3.14 billion: "Interesting Opportunity"

Norway Norway — After the unsuccessful bidding war last winter, Castellum continues to take a new step in Entra and buys SBB's share in the company for NOK 3.14 billion. CEO Henrik Saxborn tells Nordic Property News about the deal and gives his view on Entra's status.

Castellum's CFO Resigns

Sweden Sweden — Ulrika Danielsson has informed the company that she has decided to leave her position as CFO of Castellum. She has been employed by the company since 1998, finance director since 2006 and CFO since 2014.

The Development of the Stockholm Rental Levels

Sweden Sweden — The development of the rental levels in Stockholm continues to be a question of great interest. Henrik Saxborn, CEO of Castellum, gives his view of the rental situation in the Swedish capital.

Genesta Acquires Property from Castellum in Copenhagen

Denmark Denmark — Castellum has entered into an agreement with Genesta to sell the Sundby Overdrev property at the address Kay Fiskers Plads 9-11 in Copenhagen. The purchase price of 778 MDKK is in line with the latest valuation in Q4 2020.

Henrik Saxborn Steps Down as Castellum CEO

Sweden Sweden — Henrik Saxborn has informed the Board of Castellum that he will leave his position as CEO in 2021. Henrik Saxborn was appointed as CEO in 2013 and before that he was Deputy CEO of Castellum since 2006.

After Saxborn’s Resignation: How the Castellum Board Moves Forward

Sweden Sweden — The main owner and Chairman of Castellum, Rutger Arnhult, on CEO Henrik Saxborn leaving Castellum: “The decision is entirely Henrik's and has only to do with what he wants to do in the future.”

After the Battle – Rutger Arnhult New Chairman of Castellum

Sweden Sweden — Castellum's largest owner Rutger Arnhult has been elected new chairman of Castellum after a being publicly opposed by parts of the nomination committee. He tells Nordic Property News about his ambitions for Castellum, the critique from his opponents, his view on Castellum's position in Entra.

Castellum Acquires Development Rights in Malmö

Sweden Sweden — Castellum steps up its strategic investment in warehousing and logistics in selected premium locations. Following a SEK 50 million acquisition, the company now owns over 42,000 sq.m of attractive land on Malmö's outer ring road.

Castellum Invests in New Logistics Building in Stockholm

Sweden 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.

Arnhult’s New Move in Castellum

Sweden Sweden — The battle for the Castellum chairmanship has been a hot topic in Swedish real estate. With just two weeks left until the Annual General Meeting Rutger Arnhult, the largest owner and proposed chairman, makes a new big move in the company.