Nordic — On December 29, 2023, Rutger Arnhult's M2 Asset Management, itself and via a wholly-owned subsidiary, acquired 8.1 million shares of series A and 70.6 million shares of series B in the property company and also the associated company Corem Property Group AB. After the transaction, M2 Asset Management AB and subsidiaries own 43.9 million shares of series A, 460.1 million shares of series B and 3.3 million shares of series D. This corresponds to 44.6 percent of outstanding capital and 45.6 percent of outstanding votes.

Sweden — Two letters of intent which were communicated have not resulted in agreed divestments but instead been terminated.

Sweden — Corem has signed a lease contract with AC Hospitality for 353 sq.m. of the project property 28&7 in New York. The tenant, that will run a restaurant and sports bar at 28&7, will move in during the third quarter of 2024 and the lease term is 15 years.

Nordic — Corem has signed letters of intent to divest properties at an agreed total property value of approximately SEK 12 billion (EUR 1.03 billion).

Sweden — Corem has signed a lease contract with 1 RoundTable Partners for approximately 380 sqm of the project property 28&7 in New York. The tenant, a private equity firm, will move in during the second quarter of 2024 and the lease term is five years.

Sweden — Corem has signed a 5-year lease with restaurateur Niklas and Friends regarding 726 sqm in the property Orgelpipan 4, at Klarabergsgatan 33-35 in Stockholm. Occupancy is estimated at the end of 2023.

Sweden — Corem has signed an agreement for the divestment of two properties in Linköping at an underlying property value of SEK 240 million.

Sweden — Corem has received an updated issuer rating from Scope Ratings GmbH. The update affirms Corem’s BBB- rating, with a revised Outlook from Stable to Negative.

Sweden — The Board of Directors of Corem has appointed Rutger Arnhult as CEO of the company, effective from 16 June 2023. He succeeds Eva Landén who will assume the role as Executive Vice President.

Sweden — The nomination committee of Corem proposes a new election of the main owner Rutger Arnhult as a board member.

Sweden — Rutger Arnhult has announced that he is leaving Castellum's board with immediate effect.

Sweden — The Board of Directors of Castellum has appointed Joacim Sjöberg as acting CEO of Castellum AB during the ongoing recruitment process.

Sweden — Castellum divest the properties Marievik 27 and Marievik 30 to AMF Fastigheter for SEK 962 million, of which SEK 80 million will be paid when the new detailed development plan becomes legally binding. Underlying property value which is in line with book value, amounts to MSEK 962 with a market deduction for deferred tax.

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.