The Costs of Castellum's Management Changes

Sweden Sweden — Castellum is currently looking for its third CEO after Henrik Saxborn's successors Biljana Pehrsson and Rutger Arnhult left the post at the beginning and end of 2022, respectively. The company has gone through a number of changes in the leading chairs in the past year and based on the annual report released earlier this week, Nordic Property News can tell you how much more the company paid out to its CEO:s and deputy CEO:s in 2022 compared to the more quiet 2021.

How Castellum Proceeds After the Heavy Board Losses

Sweden Sweden — Last Friday, Anna Kinberg Batra announced that she is leaving her seat on Castellum's board due to her new assignment as governor of Stockholm, and on Monday Rutger Arnhult announced that he too is leaving the board with immediate effect. Chairman of the Board Per Berggren tells Nordic Property News how he views the current situation on the board, how the vacant seats can be filled and how the hunt for a new CEO is progressing.

Former Castellum CEO Leaves the Board

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

Unexpected Interest in the CEO Position in Castellum

Sweden Sweden — Castellum has come some way in the search for a new permanent CEO, but for the moment they have chosen to appoint board member Joacim Sjöberg as acting CEO. Board chairman Per Berggren tells Nordic Property News about why a temporary solution was chosen, how the process of finding a new CEO continues and about an unexpected interest that has appeared so far during the process.

Rutger Arnhult Steps Down Immediately as Castellum CEO – Replaced by Board Member

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

Castellum Divests Properties in Stockholm for MSEK 962

Sweden 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.

Castellum Divests New Production in Jönköping

Sweden 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.

Castellum's Chairman on Arnhult's Departure: "Had No Such Signals"

Sweden Sweden — Castellum's board was surprised when Rutger Arnhult informed them that he was stepping down as CEO. Chairman Per Berggren tells Nordic Property News how they want to replace him and how they view the fact that the major company has now lost two CEOs within the space of a year.

Rutger Arnhult Resigns as Castellum CEO

Sweden Sweden — Rutger Arnhult has informed the Board of Directors of Castellum that he has decided to leave his position as CEO of the company. The Board is now initiating a process to appoint a new CEO.

Roger Akelius on Arnhult's Resignation and What Qualities He Wants in a Successor

Nordic — Major news in Nordic Giant Castellum as Rutger Arnhult is stepping down as CEO. Roger Akelius, founder of Castellum's largest owner Akelius, tells Nordic Property News about his reaction to Arnhult's announcement, what qualities he would like to see in the next CEO and about the possibilities of Akelius continuing to increase its ownership in Castellum.

Rutger Arnhult Continues to Sell Castellum Shares – Akelius Not the Buyer

Sweden Sweden — After having sold 40 million shares in Castellum in October, corresponding to 12.2 percent of the company, for SEK 4.6 billion to Akelius, Rutger Arnhult now continues to sell Castellum shares via M2 Asset Management. This time he is selling 2.3 million shares, corresponding to approximately 0.7 percent of the company, for SEK 303 million. The buyer this time, however, was not Akelius, Roger Akelius tells DI.

Castellum Ready for Big Shift in its Transaction Strategy

Sweden Sweden — Castellum's CEO Rutger Arnhult announces that Castellum has recently changed its transaction strategy and will start taking steps that it "normally doesn't do". Here he tells more about the assets that may be sold, the view on the holding in Entra and if he can see himself increasing his holdings in Castellum in the future.

Akelius Opens Up for More Nordic Investments: "It's Likely"

Nordic — On Thursday last week, Akelius bought 40 million shares in Castellum from M2 Asset Management for SEK 4.6 billion, a deal that corresponds to 12.2 percent of the total number of shares in Castellum. The transaction makes Akelius the largest owner in Castellum, while the sale means that Rutger Arnhult reduces his ownership to 6.1 percent and becomes the second largest owner. Akelius CEO Ralf Spann tells Nordic Property News about the thinking behind the big purchase, what the ambition looks like with the holding and what other types of investment they are looking at.

Castellum Receives Green Equity Designation from Nasdaq

Sweden Sweden — Castellum has met all the conditions for securing the Green Equity Designation on Nasdaq Stockholm and has now become the first large property company in the Nordics to be approved and classified as such.

"This Is the Best Way for Us to Grow"

Sweden Sweden — As Castellum continues to grow the company's large project portfolio plays a big part. CEO Rutger Arnhult shares his view of the importance of project development and the affects rising costs could have on the industry.

“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.

Rutger Arnhult Increases Position in Castellum

Sweden Sweden — Castellum’s largest owner and CEO, Rutger Arnhult, increases his holdings in the company.

Arnhult Makes Small Divestment in Castellum

Sweden Sweden — CEO and largest owner, Rutger Arnhult, makes a small decrease of his holdings in Castellum.

Regio Acquires Castellum Portfolio for SEK 2.3 Billion

Sweden Sweden — Castellum is divesting 12 properties in Gävle to Fastighets AB Regio. The sale price is approximately SEK 2.3 billion less overheads and deferred tax totalling approximately MSEK 130.

Castellum's Growth Plans in Copenhagen and Helsinki

Nordic — Castellum will have an increased focus on growing in Helsinki and Copenhagen going forward. Rutger Arnhult talks about the growth plans in the Nordic region, the company's future in Entra and about the possibility of entering new markets.

She Is the New CFO of Castellum

Sweden Sweden — Maria Strandberg has been appointed the new CFO at Castellum AB. She will take office on 1 March.

This Is Castellum’s New Management Team

Sweden Sweden — Castellum’s newly appointed CEO Rutger Arnhult presents the company’s new management team and organisation. The company will have an Executive Management Group comprising 12 people and recruits a Head of Finance and a Chief Legal Officer from Corem Property Group.

More Turbulence at Castellum – Deputy CEO and CFO Also Leaves the Company

Sweden Sweden — On Monday, it was announced that CEO Biljana Pehrsson would leave Castellum and be replaced by the company's largest owner and then Chairman Rutger Arnhult. Now the turbulence in the company continues as Deputy CEO and CFO Ylva Sarby Westman also leaves Castellum. She tells Nordic Property News about the decision.

Castellum’s New Chairman: “Very Sad that it Turned Out like this”

Sweden Sweden — New Castellum Chairman Per Berggren tells Nordic Property News about the schism behind the change in CEO, the chairmanship of Castellum and the view of Rutger Arnhult's various roles and ownership interests.

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.