Castellum Acquires Finnish Kielo, With A Property Portfolio For Approximately Sek 6.5 Billion

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STOCKHOLM, July 4, 2021 /PRNewswire/ -- "The acquisition is a fantastic addition to our existing Nordic platform and further consolidates our position in one of Europe's strongest markets," says Henrik Saxborn, CEO of Castellum AB. The portfolio consists of 22 modern and sustainable properties, most of which were built after 2000, featuring flexible office space and a wide range of services and facilities, such as conference venues and coworking areas. The portfolio has a stable, attractive and diversified tenant composition. Of the current 314 individual tenants, the public sector, blue-chip and/or large companies account for 63% of gross rental income.

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