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ARTICLES TAGGED WITH "Castellum"

Castellum Makes Four Acquisitions of Logistics

Sweden 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.

Arnhult on Taking Up the Chairman Position at Castellum

Sweden Sweden — Klövern's CEO Rutger Arnhult on the divided support from the nomination committee of Castellum, what his main tasks as Chairman will be, and the search for his successor at Klövern.

Rutger Arnhult Steps Down as Klövern CEO – to Be Chairman of Castellum

Sweden 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.

Castellum Doesn't Give Up on Entra: ”Together We Can Create Something Amazing”

Norway Norway — Castellum's CEO Henrik Saxborn on the revised offer to acquire the majority of the shares in the Norwegian heavyweight Entra, and the recent blockbuster divestment to the Blackstone subsidiary.

Castellum Increases Entra Offer – and Announces Major Sale to Blackstone

Sweden 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.

Entra's Board Recommends Shareholders Not to Accept Castellum's Offer

Norway 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.

Intea Acquires Properties in Halmstad University Area

Sweden 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.

Castellum Buys Classic Office Building in Helsinki

Finland 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.

Timeline: The Battle of the Norwegian Giant

Norway Norway — SBB, Castellum or status quo? Difficult to follow the different turns in the Entra affair? Nordic Property News has pointed out some key dates during the last couple of weeks, when the Swedish property giants have fighted for a major impact in Norway’s largest listed company, Entra.

Entra Largest Owner Declines Bids from Castellum and SBB

Norway 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.

“We Would Be One of the Largest Companies in Europe”

Norway Norway — Henrik Saxborn on the vision for the potential giant company, what changed during the day after the first terminated discussions with Entra, and how he views a possible bidding competition.

Why Norway Attracts the Swedish Heavyweights

Norway Norway — The competition of Entra continues. Mikael Söderlundh, Head of Research and Partner at Pangea Property Partners: ”This has been a game changer.”

Castellum Back at the Table: Makes Bid for Entra

Norway 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.

Castellum Backs Out of Entra Discussions

Norway Norway — Castellum confirms discussions concerning a potential combination with Entra have been terminated.

How Arnhult’s Global Expansion Plans Have Turned Out

Sweden Sweden — Klövern’s CEO Rutger Arnhult on the increased ownership in Corem, the padel investments, and whether this year’s investment plans in New York and Copenhagen have been affected, during the corona crisis.

Castellum Makes Real Estate Transaction with the City of Gothenburg

Sweden Sweden — Castellum AB and the municipality of Gothenburg are carrying out a real estate transaction where Castellum is selling a property to the city in exchange for development rights in connection to Västlänken's future Station Centralen.

Castellum's Finnish Expansion Not as Expected: “Too Slow Growth in Helsinki”

Finland Finland — Henrik Saxborn, CEO of Castellum, tells Nordic Property News on the latest EUR 150 million deal in Helsinki why the competition in the city has been tougher than predicted, and investment obstacles during the current pandemic.

Castellum Purchases Property Group in Helsinki for EUR 150 Million

Finland Finland — Through a company acquisition of the Finnish real estate group Lindström Invest, Castellum has acquired a real estate portfolio in Helsinki. The transaction is carried out as a share issue in kind.

Rutger Arnhult Increases Ownership in Swedish Giant

Sweden Sweden — High-profiled Swedish real estate player and Klövern CEO Rutger Arnhult increases his ownership in heavyweight.

Castellum's Chairman of the Board Declines Re-Election

Sweden Sweden — Charlotte Strömberg, the Chairman of the Board of Castellum, has informed the Election Committee that she declines re-election at the Annual General Meeting 2021 in Castellum. Charlotte Strömberg has been the Chairman of the Board since 2012.

Castellum Signs New Tenant to Blenda in Gothenburg

Sweden Sweden — Castellum has signed a lease agreement with Annotell regarding an office space of 965 square meters in the Blenda office building at Lindholmen in Gothenburg.

SBB Divests Five Properties for SEK 835 Million

Sweden Sweden — SBB has sold five office properties to five different buyers in five transactions. This is the result of the new divestment strategy, where the portfolio that was planned to be sold to Nyfosa. Now Castellum is one of the buyers.

Castellum Begins Construction on Malmö’s New National Courts Building

Sweden Sweden — Castellum is starting construction of Malmö’s new Swedish National Courts Administration building in the expanding Nyhamnen district of central Malmö. The area will become one of northern Europe’s largest workplaces for legal practitioners.

Castellum’s CEO: “A Number of Transactions Have Been Postponed or Cancelled”

Sweden Sweden — Henrik Saxborn, CEO of Castellum, on the Q1 figures, the company’s action during the crisis, how to help their tenants and the outlook for the rest of 2020.

The Swedish CEO on the Swiss Assignment: “A Way to Learn More”

Sweden Sweden — Castellum’s experienced CEO Henrik Saxborn tells about the new assignment in Switzerland, where he is elected the Board of the PSP Swiss Property real estate company.