ARTICLES TAGGED WITH "Kungsleden"

“We Are Not Done with the Sell-offs”

Sweden Sweden — Castellum still have non-core assets to divest – yet the company will not be a net-seller in the coming year. CEO Rutger Arnhult comments on Castellum’s possible divestments and acquisitions going forward.

Swedish Giant Plans Residential Development in Sweden's Number Five

Sweden Sweden — Kungsleden to develop residential units in hot area.

Biljana Pehrsson Resigns as Castellum CEO – Rutger Arnhult Takes the Helm

Sweden Sweden — The Board of Directors of Castellum has appointed its current Chairman Rutger Arnhult as CEO of Castellum, taking office and replacing Biljana Pehrsson with immediate effect.

Biljana Pehrsson Takes Office as Castellum CEO – Ylva Sarby Westman New Kungsleden CEO

Sweden Sweden — The Board of Directors of Castellum has appointed Biljana Pehrsson as President and CEO of Castellum AB. She will take office today, 8 December. In addition, Ylva Sarby Westman, Deputy CEO and CFO of Castellum, takes the helm at Kungsleden.

Castellum Completes the Offer to the Shareholders of Kungsleden

Sweden Sweden — All conditions for completion of the offer have been fulfilled. Accordingly, the offer is declared unconditional in all respects and Castellum will complete the acquisition of the shares.

Castellum Extends the Acceptance Period for the Public Kungsleden Offer

Sweden Sweden — The offer has, after the acceptance period that ended on 29 October 2021, been accepted by shareholders representing approximately 78.8 percent of the outstanding share capital and voting rights in Kungsleden.

Kungsleden Signs 2,800 sqm Lease with Dahl

Sweden Sweden — Kungsleden is leasing 2,810 sq.m. in Haninge to Dahl – Sweden’s leading HVAC wholesaler. The lease has a term of ten years and its rental value amounts to SEK 3.9 million per year.

JM Acquires Building Rights from Kungsleden

Sweden Sweden — JM is acquiring building rights from Kungsleden for the development of around 105 residential units centrally located in Mölndal, south of Gothenburg.

Kungsleden Agrees Climate-Smart Lease Outside Stockholm

Sweden Sweden — Kungsleden has signed a four-year lease contract with Smart Psykiatri, which is moving into climate-smart premises in Danderyd, with a focus on re-use.

Kungsleden Signs Leases in Kista – and Starts New Office Project

Sweden Sweden — Kungsleden has signed lease contracts with Quick Office and Infor, which means that the Borgarfjord 5 property in Kista is now about 40 per cent leased. Accordingly, Kungsleden is now starting work in the a:place project, which will see the property developed into an ultra-modern, full-service office building.

Kungsleden Signs Lease with Northvolt in Västerås

Sweden Sweden — Kungsleden has signed a 15-year lease contract with Northvolt for approximately 15,400 sq.m. which Kungsleden will construct at Finnslätten in Västerås. Northvolt is one of Kungsleden’s ten largest tenants.

Kungsleden’s Deputy CEO on the Possible Merge with Castellum

Sweden Sweden — Ylva Sarby Westman, Deputy CEO of Kungsleden: “This is totally up to the shareholders but…”

Moody's Places the Rating of Kungsleden Under Review for Upgrade ...

Sweden Sweden — Moody's places the rating of Kungsleden under review for upgrade. The review follows Castellum's takeover offer announced on August 2nd regarding all shares in Kungsleden AB.

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.

Kungsleden to Build New Logistics Facility in Västerås

Sweden Sweden — Kungsleden has signed a new lease contract for 32,000 sq.m. with AA Logistik and will build a new logistics facility at Finnslätten in Västerås. Occupancy is expected in summer 2024 and the lease contract has a term of 15 years.

Kungsleden Divests Residential Building Rights to Reliwe

Sweden Sweden — Kungsleden has signed an agreement with Reliwe AB to divest an undeveloped section of the Norrköping Oxelbergen 1:2 property that has been zoned for residential purposes.

Kungsleden and Aroseken in Cooperation to Develop Housing

Sweden Sweden — Kungsleden has signed an agreement with Aroseken to divest part of the Västerås Effekten 5 property for future residential purposes.

Green Light for Kungsleden's Major Västerås Project

Sweden Sweden — The collaborative project based on ideas from “Vision Finnslätten” has now been approved by the Building Committee in Västerås. Kungsleden, in cooperation with ABB, commenced the preparatory work on Vision Finnslätten in 2018 and activities are fully under way to develop a train stop, an international school and a campus area, among other features.

Ilija Batljan Increases Ownership in Swedish Giant

Sweden Sweden — Ilija Batljan’s SBB is in the midst of bidding on Norwegian Entra. But while SBB is trying to acquire the Norwegian jewel, Batljan himself is making his mark in another listed Swedish company.

Kungsleden Continues to Borrow Green

Sweden Sweden — Kungsleden has under its current MTN program increased an existing green bond with MSEK 300. The bond was issued at a rate of 101.166 percent, corresponding to a margin above Stibor of 1.30 percent. The bond matures in January 2027.

JM Buys Building Rights for Development in Västerås from Kungsleden

Sweden Sweden — JM has signed an agreement with Kungsleden AB to acquire the property Västerås Isolatorn 12. The deal is worth approximately SEK 120 million.

Kungsleden Issues New Green Bond

Sweden Sweden — During its MTN program, Kungsleden has issued a new green bond by SEK 300 million. The loan has a maturity of 6 years and was issued at the spread 1.5 percent over Stibor. At the same time, Kungsleden has repurchased short-term bonds with maturity as of September and October of the current year and bonds with maturity as of March 2022 for a total notional amount of SEK 187 million.

Kungsleden Signs Lease Contract in Malmö Project

Sweden Sweden — Kungsleden has signed another lease contract for the office project Eden in Hyllie outside Malmö comprising a seven-year lease with Diaverum, provider of renal care services, for 2,185 sq.m. As a result, Eden is now 85 per cent leased.