Local presence

Castellum has a local presence in attractive growth regions in Sweden as well as Copenhagen and Helsinki, which creates close relationships with its tenants. Moreover, Castellum has gained exposure to the Norwegian market through its associated company Entra. Being on location means that Castellum has a good understanding of the market and can offer premises that are suited to its tenants’ needs, provide excellent personal service, and offer rapid responses.

Value of properties

Region Stockholm

SEK0M

Region West

SEK0M

Region Central

SEK0M

Region Mälardalen

SEK0M

Region Öresund

SEK0M

Finland

SEK0M

Region Stockholm 1)

2022 20211)
Proportion of the property value, % 32 35
Number of properties 137 140
Area, thousand sq. m. 1,221 1,178
Value of properties, SEK M 49,611 49,443
Rental value, SEK M 2,683 2,561
Net operating income, SEK M 1,859 1,871
Net investments, SEK M -1,227 22,359
Net lettings, SEK M -3 14
Employees 90 52

1 In 2022, Castellum’s properties in Uppsala were broken out of the region and recognised in Region Mälardalen. Comparison figures have not been restated.

Region West

2022 2021
Proportion of the property value, % 19 19
Number of properties 214 200
Area, thousand sq. m. 1,322 1,311
Value of properties, SEK M 28,421 27,052
Rental value, SEK M 1,832 1,671
Net operating income, SEK M 1,277 1,199
Net investments, SEK M 517 3,730
Net lettings, SEK M 90 53
Employees 77 71

Region Central 1)

2022 20211)
Proportion of the property value, % 17 24
Number of properties 154 193
Area, thousand sq. m. 1,142 1,635
Value of properties, SEK M 25,293 33,855
Rental value, SEK M 1,831 2,415
1,196 1,676
Net investments, SEK M 1,103 11,764
Net lettings, SEK M 10 53
Employees 98 96

1 In 2022, Castellum’s properties in Västerås were broken out and recognised in Region Mälardalen. Comparison figures have not been restated.

Region Mälardalen 1)

2022
Proportion of the property value, % 11
Number of properties 85
Area, thousand sq. m. 835
Value of properties, SEK M 17,192
Rental value, SEK M 1,250
Net operating income, SEK M 809
Net investments, SEK M 740
Net lettings, SEK M 38
Employees 19

1 Mälardalen is a new region for 2022. Comparison figures have not been restated.

Region Öresund

2022 2021
Proportion of the property value, % 17 14
Number of properties 139 115
Area, thousand sq. m. 956 772
Value of properties, SEK M 25,615 19,842
Rental value, SEK M 1,474 1,283
Net operating income, SEK M 991 890
Net investments, SEK M 1,488 441
Net lettings, SEK M 23 35
Employees 63 58

Finland

2022 2021
Proportion of the property value, % 5 5
Number of properties 20 18
Area, thousand sq. m. 221 208
Value of properties, SEK M 7,432 7,006
Rental value, SEK M 687 529
Net operating income, SEK M 358 332
Net investments, SEK M 225 4,424
Net lettings, SEK M 3 6
Employees 10 10