Castellum AB (publ)
CWQXY
Other OTC26.75
USD
- -
- -
Castellum AB (publ)
CWQXY
(Other OTC)
Recent
price
26.75
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Castellum AB (publ) is a leading Nordic commercial real estate company engaged in the acquisition, ownership, management, development, and operation of office, logistics, retail, public sector, warehouse, and light industrial properties. The company is focused on developing flexible workplaces and smart logistics solutions, with a portfolio comprising approximately 4.3 million square meters of leasable area primarily located in growth cities across Sweden, Denmark, and Finland. Castellum's core product offerings include commercial properties such as offices; logistics and warehouse facilities; retail properties; and properties catering to public sector tenants. The company also provides related property management and development services, including property refurbishment, new construction, extensions, and tenant adaptations. Founded in 1993 and headquartered in Gothenburg, Sweden, Castellum operates through subsidiaries with a strong local presence in multiple Nordic metropolitan and regional markets. In recent major developments, Castellum has strategically expanded its property portfolio by acquiring five properties from Corem valued at approximately SEK 1.7 billion, located in the cities of Uppsala, Örebro, and Linköping. This acquisition enhances the company’s market position by increasing its holdings in these growth regions and strengthens its sustainability profile with a higher share of environmentally certified and green buildings, including properties equipped with solar panel installations. Castellum is also actively increasing the pace of its development projects, exemplified by the commencement of a major new office property project "Infinity" in Stockholm’s Hagastaden district, with an investment volume of SEK 1.7 billion and an expected occupancy in 2027. Other ongoing initiatives include logistics facility developments such as a 45,000 square meter sustainable facility leased to a med-tech company in Gothenburg. The company continues to focus on portfolio densification, sustainability, and long-term value creation supported by an upgraded credit rating from Moody’s and S&P. Castellum is listed on Nasdaq Stockholm Large Cap and is recognized as the only Nordic property company included in the Dow Jones Sustainability Indices. Castellum targets corporate tenants including government authorities, large companies, hotel operators, and other commercial clients, with significant leases held by entities such as the Swedish Police Authority, TV4 media group, Elite Hotels, and ABB. The company’s operations span approximately 20 cities in Sweden, as well as major cities in Denmark (Copenhagen) and Finland (Helsinki). Castellum's strategic approach emphasizes sustainable, high-quality assets in attractive Nordic growth regions combined with strong financial discipline to support growth and cash flow stability. Overall, Castellum AB is positioned as a top-tier real estate company in the Nordic region with comprehensive offerings spanning commercial property types and integrated management services, complemented by strategic acquisitions and development projects aimed at portfolio growth and sustainability enhancement in line with evolving market demands.