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.

Peeter Kinnunen Is Appointed Acting CEO of Klövern

Sweden Sweden — Peeter Kinnunen, Head of Transactions, has been named acting CEO of Klövern as Rutger Arnhult is leaving the company.

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.

Klövern Signs the First Lease Contract in New York

Sweden Sweden — Klövern has signed a lease contract with chef Matthew Kenney for approximately 730 sq.m. of restaurant space at the ground and lower levels at 1245 Broadway in New York. The new office project is located at the corner of Broadway and 31st Street in Manhattan. The tenant is expected to open operations in the second quarter of 2022 and the lease term is ten years.

The Battle for the Castellum Chairmanship

Sweden Sweden — Tensions are rising within the Castellum board over the position as chairman. Three members – Anna-Karin Hatt, Christer Jacobson and Nina Linander – will leave the board if Rutger Arnhult gets elected chairman. At the same time Per Berggren has been suggested as a possible new chairman. Christer Jacobson and Per Berggren gives Nordic Property News their view of the situation surrounding the charirmanship.

Another Candidate Up for the Chairman Position in Castellum

Sweden Sweden — Castellum has received a proposal regarding the composition of the Board of Directors from Stichting Pensioenfonds ABP, the second largest shareholder in Castellum, and two members of the Election Committee, Vincent Fokke, representing Stichting Pensioenfonds ABP, and Charlotte Strömberg, Chair of the Board of Castellum.

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.

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.

Klövern Acquires Half of the Self Storage Company Servistore

Sweden Sweden — Klövern has signed a contract to acquire 50 per cent of the shares in the self storage company Servistore.

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.

Klövern Acquires a Property in New York

Sweden Sweden — Klövern has acquired all the units of a co-op owning a 14-story residential building in Manhattan. The building, encompassing approximately 8,300 sq.m, has the address 417 Park Avenue and is located at the corner of Park Avenue and East 55th Street.

Genesta Sells Prime Office Property in Copenhagen for EUR 190 Million

Denmark Denmark — Genesta sells the prime office property Kalvebod Brygge 32 in central Copenhagen for DKK 1 420 million (EUR 190 million) on behalf of Genesta Nordic Real Estate Fund II (GNRE Fund II) to the Swedish listed real estate company Klövern.

Next Year's Targets in Copenhagen for Klövern

Denmark Denmark — CEO Rutger Arnhult: ”Acquisitions are always difficult to predict.”

Klövern Divests 42 Properties in Karlstad for SEK 2.6 Billion

Sweden Sweden — Klövern has signed a contract to divest its entire property portfolio in Karlstad, consisting of 42 properties, for a total underlying property value of SEK 2,610 million to Randviken Fastigheter.

They Control the Listed Real Estate Giants

Nordic — Nordic Property News presents the largest owners of the listed real estate companies in the Nordic region.

Nyfosa Acquires Large Portfolio

Sweden Sweden — Nyfosa has signed an agreement with Klövern to acquire a property portfolio at a total value of SEK 1.570 billion in southern Sweden. The acquisition consists of a portfolio of 21 commercial properties.

Rutger Arnhult Divests in Several Companies

Sweden Sweden — Klövern's CEO Rutger Arnhult has sold more than half of his holding in Kungsleden during the spring, and sold all his shares in Norwegian Property, Hemfosa and Wallenstam.

Klövern Acquires a Property in New York

Sweden Sweden — Klövern has signed a contract at an initial amount of USD 22.6 million, corresponding to SEK 215 million, for a site leasehold in Manhattan with the address 118 10th Avenue.

Klövern Increases Its Holding in Tobin Properties

Sweden Sweden — Klövern increases its holding in Tobin Properties by subscription of shares in share issue with pre-emption rights for existing shareholders.

Analysts: "Something Is Cooking in Klövern"

Sweden Sweden — After Rutger Arnhult's brother Urban Terling increased his holding in Klövern to 23.4 per cent of the votes, Arnhult - together with Corem and his brother - controls more than 50 per cent of the company's shares. Nordic Property News has talked to a number of analysts who are in agreement that something big may be about to happen.

Klövern Divests Two Properties

Sweden Sweden — Klövern divests the properties Ugglum 126:4 in Partille and Allmogekulturen 5 in Västerås.

"Many Swedes Have Struggled in Denmark"

Denmark Denmark — Just one year after the entry, Klövern has no vacancies in Denmark. CEO Rutger Arnhult tells Nordic Property News what it is like to do business with Danes, why they were waiting to enter the market and what Klövern is aiming for in Denmark.

Klövern's Property Portfolio in Copenhagen Fully Let

Denmark Denmark — Swedish Listed Klövern's property portfolio in Copenhagen fully let after signing of two additional contracts.