Castellum divests seven properties

Castellum sells in Sweden and Denmark.

Image: Axel Ohlsson

Castellum divests seven properties

Nordic — Castellum has sold a total of seven properties, through seven different transactions, for a total underlying property value of SEK 500 million. The properties that were sold were deemed not to generate the return required for making a positive contribution to the overall financial target of a return on equity of at least 10 percent per year.

2025-12-23

Six of the properties, with a total underlying property value of SEK 330 million, were vacated during the fourth quarter of 2025. The seventh property, with an underlying property value of SEK 170 million, will be vacated in the first quarter of 2026.

The carrying amount of the properties at 30 September 2025 totalled SEK 475 million.

The transactions in brief

Properties: Borås Uranus 16, Göteborg Masthugget 3:6, Göteborg Heden 16:5, Copenhagen Roskildevej 22, Linköping Isbjörnen 4, Stockholm Dagskiftet 4 and Örebro Hållstugan 28

Type of property: Office, warehouse/light industry and retail

Average contract duration: 1.7 years

Rental value: SEK 52 million

Leasable area: 32,800 sqm

Occupancy rate: 76 percent

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