Castellum

Castellum is a prominent commercial property company in the Nordic region, focusing on sustainable and long-term property management. The company owns and manages a diverse portfolio of properties, including offices, public sector buildings, warehouses, and retail spaces, primarily located in growth cities across Sweden, Denmark, and Finland. Castellum is committed to sustainability, with a significant portion of its asset portfolio certified for sustainability. The company actively engages in developing, refining, and modernizing its properties to meet tenant needs and market demands.

−2,5 %

36,6 %

−4,5 %

+18,1 %

4.40

4.40

— Castellum
%
Offices61% Includes commercial office spaces in city centers.
Public Sector Properties16% Properties leased to state and municipal operations.
Warehouse/Light Industry14% Includes warehouse and light industrial spaces.
Retail5% Retail properties located in or near city centers.
Developments and Land4% Includes developments and undeveloped land.

Castellum serves a wide range of tenants across various industries, with a focus on commercial and public sector...

  • Commercial Businessesprimary

    Leasing office and retail spaces for business operations.

  • Public Sectorprimary

    Leasing properties for state and municipal operations.

  • Industrial Clientssecondary

    Leasing warehouse and light industrial spaces.

  • Retailerssecondary

    Leasing retail spaces in city centers.

Castellum's property portfolio is concentrated in key growth cities across Sweden, Denmark, and Finland, with...

  • Concentrated in growth cities in Sweden, Denmark, and Finland
  • Exposure in Norway through associated company Entra
  • Properties located in or near city centers
  • Focus on stable and growing markets
  • Strategic geographic focus supports long-term growth

Castellum's strategic priorities include improving profitability through cost control, reducing vacancies, and...

01
Improve profitabilitymedium-term

To achieve a 10% return on equity over a full economic cycle.

02
Sustainabilitylong-term

To maintain a competitive edge and meet market demands.

03
Portfolio flexibilitymedium-term

To capitalize on market opportunities and enhance profitability.

Castellum faces several risks, including property market fluctuations, tax changes, and financing challenges...

high

Property market fluctuations

Affect asset values and rental income.

Materiality
high
medium

Interest rate fluctuations

Impact financing costs and profitability.

Materiality
medium
medium

Tax changes

Could affect financial performance.

Materiality
medium
Fair value measurements
high
Goodwill impairment
medium

: 11/08/2026