The year in brief

2022 was a turbulent year, with the war in Ukraine, record-high inflation and a slowdown in the business cycle. Activities carried out during the year were a part of the long-term ambition to reinforce Castellum’s position as one of the Nordic region’s largest commercial property companies.


­Rutger Arnhult elected CEO and Per Berggren elected Chairman of the Board

A new management group in Castellum was appointed at the same time. The executives in the management group were appointed from Castellum’s and Kungsleden’s former management groups, as well as recruited externally.

Sale of portfolio in Gävle

Castellum sold 12 properties in Gävle to Fastighets AB Regio.The sale price totalled approximately SEK 2.3 Bn. The properties have around 107,000 square metres of lettable area and a rental value of approximately SEK 160 M per year. Tenants include the Swedish Police Authority (Polismyndigheten), the Swedish Prison and Probation Service (Kriminalvården) and the Swedish Mapping, Cadastral and Land Registration Authority (Lantmäteriet).


­Castellum introduces lease appendices for climate neutrality

­Castellum’s ambition is for its entire operation to be climate neutral by 2030 at the latest. Together with our tenant PE Teknik & Arkitektur, Castellum presents a new type of lease aimed at methodically measuring and reducing joint greenhouse gas emissions from premises to net-zero.

­Castellum develops new animal hospital

­Castellum and the foundation-owned Blå Stjärnan Animal Hospital are developing a new specialist animal hospital in Mölndal. The hospital will be Sweden’s largest small-animal clinic, and its 7,000 square metres will house an advanced medical practice where animal welfare and animal protection are key cornerstones.


­Castellum receives Green Equity Designation from Nasdaq

­Castellum has met all the conditions for securing the Green Equity Designation on Nasdaq Stockholm, and is now the first large property company in the Nordics to be approved and classified as a green share. The purpose of a Green Equity Designation is to increase visibility for investors who are looking for sustainable investments.

NollCO2 certification

With the completion of the Korsningen block project – a building constructed entirely of wood – in central Örebro, Castellum is one of the first companies in the Nordic region to receive the highly demanding NollCO2 sustainability certification. This certification means that the property has a net-zero climate impact throughout its entire life cycle.

Together under one roof

Castellum and Kungsleden have become one. The new Castellum has more colleagues, properties, and tenants, and more possibilities for making dreams come true and continuing to do what we are best at, in an even better way.

Castellum and Kungsleden have become one.


­Castellum named the world’s most sustainable office developer for the seventh consecutive year

In a ranking conducted by the independent organisation GRESB, Castellum was named the world’s most sustainable office developer. A total of over 1,820 property companies and funds in 74 countries were included in the survey, which encompasses a large part of the globally listed property sector.

The world’s
most sustainable
office developer
for the seventh consecutive year

Castellum ranked as one of the world’s most sustainable companies

For the seventh consecutive year, Castellum has received top marks in the S&P Corporate Sustainability Assessment (S&P CSA) and is the only Nordic property company to be included in the Dow Jones Sustainability Indices, the S&P 500 ESG and several other related sustainability indices.

Extraordinary General Meeting in ­Castellum

At the meeting, Leiv Synnes – an MBA born in 1970 – was elected as an ordinary Board member. Leiv Synnes är CFO vid Akelius Residential Property AB.

Castellum finalises three sales

A scattered retail property portfolio, a public sector property in Jönköping, and two office properties in the Liljeholmen district outside Stockholm were sold in December.

Changes to Executive Management

Rutger Arnhult informed the Board of Directors of Castellum that he had decided to resign as CEO. The Board has initiated a process to appoint a replacement. Castellum’s Head of Treasury Jens Andersson has been appointed new CFO of Castellum AB. He will take office on 14 February 2023.

­Castellum’s Board of Directors proposes putting dividends on hold

­Castellum’s Board of Directors sees a bond market that remains closed, with no sign of recovery in the near future. To safeguard the company’s credit rating, the Board has decided on a tightened financial policy and a savings programme. The Board also proposes that the coming Annual General Meeting put dividends on hold.

­Castellum to build new police station in Hisingen

The construction of Hisingen’s new police station on Exportgatan has begun. ­Castellum is creating suitable premises on the site where the old printing office for the Swedish daily Göteborgs-Posten once stood. The new police station will be approximately 9,000 square metres in size, and is expected to be ready for occupancy during the second quarter of 2025.

Events after the end of the period

Joacim Sjöberg becomes Acting CEO

In January, the Board of Directors of Castellum appointed Joacim Sjöberg as CEO during the ongoing CEO recruitment process. He remains on the Board, and took office as CEO immediately.

Changes to Castellum’s Board of Directors

Rutger Arnhult announces that he is resigning from the Board of Directors of Castellum. Anna Kinberg Batra is also leaving Castellum’s Board of Directors due to her new assignment as the governor of Stockholm County.

Castellum named Europe’s most sustainable property company

For the seventh consecutive year, Castellum has been included in the Sustainability Yearbook. Castellum ranks first in the Nordic region and Europe for property companies and fifth worldwide in the sector.

Proposal for preferential rights issue

On 13 February the Board of Directors of Castellum announced that, to strengthen the company’s financial position, it would propose that the Annual General Meeting authorise the Board to decide on a preferential rights issue of around SEK 10 Bn.