Sweden — Castellum has completed an exchange transaction with Fastighetsaktiebolaget Lilium, wherein Castellum will acquire six properties in Linköping, and sell twenty properties in Sundsvall. The value of the transaction is SEK 5.2 billion (EUR 506M).

Sweden — Castellum increases focus on logistics and offices. With the shifting focus the company makes change at the top. Anders Nilsson, Managing Director for Region Stockholm-North, leaves the company effective immediately.

Sweden — Balder has together with institutional capital entered into an agreement with Castellum to acquire a real estate portfolio including office, warehouse and logistic properties in Stockholm and Gothenburg.

Sweden — Castellum is selling a portfolio consisting of eight properties in the Bäckby industrial area of Västerås to Stendörren. The properties comprise a total of nearly 41,500 sq.m. of office, warehousing and industrial premises. Sales price amounts to MSEK 313 (EUR 30M).

Sweden — The government has approved the Swedish Court (Domstolsverket) tenancy application and a rental agreement has been signed between the Swedish Courts and Castellum. Castellum is planning new construction of 25 000 sq.m. modern courtroom premises in the centrally situated Nyhamnen area of Malmö. The investment, calculated at SEK 1.2 billion (EUR 116M), constitutes a significant part of Castellum’s strategy towards further growth in the Öresund area, and is one of Castellum’s largest projects of all time.

Sweden — Castellum is the first Nordic real estate company to have its climate objectives approved by the Science Based Targets (SBT) initiative. Castellum’s primary goal is to reach 100 percent climate neutrality throughout company operations by 2030, thereby supporting the United Nations Framework Convention on Climate Change, as well as national ambitions for a fossil-free Sweden.

Nordic — CIO Erika Olsén has decided to leave Castellum for a new assignment outside the group.

Finland — Castellum has acquired a substantial property in central Helsinki from Skandia, thereby establishing itself as a major player in a new attractive market.

Sweden — The Sabbatsberg 24 property, which served as Stockholm Vatten’s headquarters from the early 1900’s, was a well-known landmark in central Stockholm when acquired by Castellum in 2017. Phase one of the reconstruction is now underway.

Sweden — Castellum has begun construction of a warehouse and logistics building in Brunna, part of the Kungsängen area, just outside Stockholm.

Sweden — NCC has initiated a partnering arrangement with Castellum to build a car showroom of slightly more than 25,000 square meters in Huddinge, south of Stockholm. The project is a turnkey contract and the order value is approximately EUR 29M.  

Denmark — After approximately 2,5 years as head of DEAS A/S real estate activity Bettina Lange now returns to the investment side as Castellum Danmark A/S’ new regional manager, a position that she takes over from Thomas Wenzell Olesen who resigned at the end of March.

Sweden — Castellum carries out an exchange deal with Wallenstam, wherein Castellum acquires two properties – including building rights zoned for office space – in Gothenburg, while selling two properties in Kallebäck and in Mölnlycke city-centre.

Sweden — In a deal with Castellum, Klövern acquires nine properties in Mölndal and Partille, and divests all of Klövern's 14 properties in Borås. Transfer of possession will be on April 1st 2017.

Sweden — Castellum is planning to acquire Sabbatsberg 24 in Stockholm – the well-known Ferdinand Boberg building near Torsgatan, which housed Stockholm Vatten’s headquarters until last year. The acquisition rests on a final decision by the Stockholm City Council in March.

Sweden — Castellum has initiated a process to reduce the number of regions from five to four. Meanwhile, the managing director of the region North, Jörgen Lundgren, has decided to leave the company.

Sweden — Castellum has completed the sale of an office property in Luleå, Lejonet 11, of approximately 21,800 sq.m.

Sweden — Castellum has completed a sale of four properties in Sundsvall and six properties in Östersund for a total of EUR 48M.

Sweden — Diös has entered into an agreement to acquire a property portfolio from Castellum for SEK 4.5 billion (EUR 460M), considered a valuation of deferred tax liabilities of SEK 0.1 billion (EUR 10M). In order to partly finance the acquisition, Diös’ Board of Directors proposes to the extraordinary general meeting to resolve on a rights issue with preferential rights for the company’s existing shareholders, and to authorise the Board of Directors to resolve on the final terms of the issue.

Sweden — Castellum has sold an office property of approximately 7,800 sqm in Lund.

Sweden — Klövern acquires 21 properties in Malmö and 7 properties in Lund for MSEK 910 (EUR 94M). Of these in total 28 properties, 9 are site leaseholds. The property portfolio encompasses in total 114,000 sq.m. of lettable area, whereof Malmö accounts for 88,000 sq.m. and Lund 26,000 sq.m. The seller is Castellum.