ARTICLES TAGGED WITH "Castellum"

Pål Ahlsén: "Castellum will be a net seller this year"

Nordic — Castellum continues its efforts to improve profitability and is reviewing how it can act in the transaction market to achieve that goal. CEO Pål Ahlsén explains how he views the company’s market activity, which properties could be considered for sale, and how he sees the development of the transaction market.

Vacancy risk for Swedish giants as Santa Maria moves spice production plant to Estonia

Sweden Sweden — Vacancies arise as the parent company relocates spice production to Estonia.

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.

Green light for Castellum's large office project in Lund

Sweden Sweden — The heavyweight will build 25,000 square meters of office and research premises in the expansive Brunnshög district in Lund. The planned area is located directly east of the new detailed plan area that enables Saab and Axis to develop in southwest Brunnshög.

Castellum ready to increase transaction pace

Nordic — Castellum continues to increase its focus on profitability. As part of its new strategy to achieve this goal, greater emphasis will be placed on rotating the portfolio through increased transaction activity. During the presentation of the new strategy, CEO Pål Ahlsén outlined the company’s transactional plans and how the portfolio is intended to be shaped going forward.

Castellum adopts new strategy and capital distribution policy

Sweden Sweden — The board of directors of Castellum has adopted a new strategy with a clear focus on profitability and capital allocation. The goal is to achieve an annual return on equity of at least ten percent over a business cycle. At the same time, the dividend policy has been adjusted to a capital distribution policy, so that at least 25 percent of the income from property management will be distributed to shareholders, either through cash dividends or share buybacks, unless the company's financial position justifies otherwise.

Castellum restructures its executive management and streamlines the head office

Sweden Sweden — Castellum’s executive management will be reduced from 13 to 10 positions. The company also intends to reduce the head office by approximately 60 roles. The changes aim to create a more efficient structure, lower costs and increase profitability.

Castellum divests United Spaces to Ioffice

Sweden Sweden — Castellum has signed an agreement to divest all shares in United Spaces, a wholly owned subsidiary which operates coworking spaces in several Swedish cities.

“Castellum needs become more profitable”

Sweden Sweden — During the presentation of the Q3 report, newly appointed CEO Pål Ahlsén outlined the company’s focus going forward – how Castellum intends to achieve its return targets, how he envisions the company acting in the transaction market, and the potential for a future division of the group.

Leaves Croisette for Castellum

Sweden Sweden — Jennifer Jansson leaves Croisette to to become Head of Leasing at Castellum West. She tells Nordic Property News what attracted her about joining Castellum, the company’s position in the market, the transition from advisory services to property ownership, and her perspective on the leasing market in Gothenburg.

How Castellum will develop its new strategy

Sweden Sweden — Castellum has appointed a new CEO. Roger Akelius’s preferred candidate, Pål Ahlsén, will assume leadership of the company with a strong focus on profitability. Chairman of the Board, Ralf Spann, tells Nordic Property News about his reflections on the appointment, the process of developing a new strategy, and the possibility of further changes.

Castellum's board appoints Pål Ahlsén as new CEO

Sweden Sweden — Castellum's board of directors has appointed Pål Ahlsén as the company's new CEO. This follows an extensive and thorough recruitment process to identify an experienced leader with strong financial expertise, documented operational experience and a clear strategic mindset, according to a press release. Pål Ahlsén will assume the role on August 28, 2025.

Castellum signs lease with Carlsberg

Sweden Sweden — Castellum has signed a five-year lease agreement with Carlsberg Sverige in Njursta, north of Stockholm. The premises will house both office space and storage facilities for coolers, beer, and soft drink equipment.

Corem divests property portfolio for EUR 159 to Castellum

Sweden Sweden — Corem has signed an agreement with Castellum to divest a portfolio of five properties, located in Linköping, Uppsala and Örebro, for a total underlying property value of SEK 1,740 million (EUR 159 million).

Ralf Spann proposed as Chair of Castellum's new Board of Directors

Sweden Sweden — The Nomination Committee proposes that Ralf Spann is elected as Chair of the Board of Directors in Castellum and that the Board of Directors in Castellum should consist of Anna-Karin Celsing, Henrik Käll, Marita Loft, Leif Norburg, Knut Rost, Ralf Spann and Stefan Wallander.

Akelius changes representative in Castellum's nomination committee

Sweden Sweden — Akelius Apartments Ltd has informed the Nomination Committee of Castellum that attorney Charlotte Levin replaces Kerstin Engström as Akelius' representative in the Nomination Committee.

Roger Akelius on the turbulence at Castellum: "Needs an experienced pilot to elevate the business"

Sweden Sweden — Castellum is currently experiencing internal turbulence following the announcement over the weekend that Chair of the Board Louise Richnau and board member Stefan Ränk are stepping down. Their decision comes after expressing a lack of confidence from the company’s largest shareholder, Akelius. In an interview with Nordic Property News, Akelius’ founder Roger Akelius comments on the resignations, explaining why he believes a leadership change is necessary and how he envisions the future governance of the company.

Chair and Board Member leave Castellum

Sweden Sweden — Louise Richnau and Stefan Ränk to leave Castellum's Board at an Extraordinary General Meeting requested by Akelius Apartments Ltd.

Castellum to build 22,000-sqm warehouse and logistics facility in Malmö

Sweden Sweden — Castellum has begun the development of a modern, energy-efficient warehouse and logistics facility in the Sunnanå district of Burlöv Municipality just outside Malmö.

Castellum leases property to Saab in the Gothenburg Region

Sweden Sweden — Castellum has signed a lease with Saab in Mölnlycke, Härryda Municipality. The lease comprises office premises, development spaces and light industrial production.

Roger Akelius may acquire more shares in Castellum to "save" the company

Sweden Sweden — Roger Akelius, a major shareholder in Castellum, may consider purchasing additional shares to “save” the company. He made this statement to the news agency Nyhetsbyrån Direkt on Wednesday, following Castellum’s quarterly report on Tuesday and subsequent media commentary by Akelius.

Castellum CEO: “I’m disappointed”

Nordic — Optimistically, there is faith in the market and the opportunities for acquisitions and project starts now. At the same time, there is disappointment and Castellum's CEO, Joacim Sjöberg, is clearly dissatisfied. The rental market is described as tough, and the company is affected by major terminated leases and bankruptcies. The battery manufacturer Northvolt is in focus when he presents the first quarter.

Castellum signs lease for 7,700 sqm with the Swedish Police Authority

Sweden Sweden — Castellum has signed a six-year lease with the Swedish Police Authority, which is thereby expanding its collaboration with Castellum and establishing operations in the award-winning Werket property in central Jönköping. In conjunction with occupancy, Castellum will construct a 2,200 sqm extension.

Castellum leases an additional 5,900 sqm to Knightec

Sweden Sweden — Castellum has signed a seven-year lease with Knightec Group, which will expand its premises on Lindholmsallén by approximately 5,900 square metres to a total of 9,288 square metres. With this agreement, the company is once again leasing the entire property. Occupancy will take place in stages, finalizing in the first quarter of 2026.

The reasoning behind Joacim Sjöberg's decision to leave Castellum

Sweden Sweden — Castellum will commence the search for a new CEO following Joacim Sjöberg’s decision to step down from the position in 2026. In an interview with Nordic Property News, Sjöberg discusses the reasoning behind his decision, reflects on his tenure at Castellum, how the company’s position has evolved under his leadership, and shares some thoughts on his future plans.