“We are pleased to hand over United Spaces to new, dedicated owners and are confident that the business will continue to thrive under the management of Ioffice. Castellum remains focused on its core business as a property owner,” says Pål Ahlsén, CEO of Castellum.

“We are experiencing both a consolidation and a paradigm shift in the coworking industry, property owners need to understand this to keep up,” says Homan Tehrani, founder and CEO of Ioffice.

The transaction will have a positive annual earnings effect of approximately SEK 30 million for Castellum. The deal is structured as a share transfer and will be completed in Q4 of 2025.