Castellum (CAST.ST): Announcement of SEK13.3bn Skåne portfolio divestment to Wihlborgs at c.4% discount to book value

研报英文原文证据摘录

Castellum (CAST.ST): Announcement of SEK13.3bn Skåne portfolio divestment to Wihlborgs at c.4% discount to book value

Equity Research

25 June 2026 | 3:27PM BST

Castellum (CAST.ST): Announcement of SEK13.3bn Skåne portfolio

divestment to Wihlborgs at c.4% discount to book value

Castellum has announced this morning (25/06/2026) that it is has signed an Jonathan Kownator

+44(20)7051-2974 |

agreement with Wihlborgs to divest properties in Malmö, Lund, Helsingborg, jonathan.kownator@gs.com

Goldman Sachs International

Ängelholm and Burlöv, for a total underlying property value of SEK 13.3bn, a c.4%

Kuber Sood, CFA

discount to 1Q26 book value. +1(332)245-7812 | kuber.sood@gs.com

Goldman Sachs India SPL

The transaction is subject to approval by the Swedish Inspectorate of Strategic Rebecca Parker

Products (ISP), the Swedish Competition Authority and certain tenants, with closing +44(20)7051-6646rebecca.x.parker@gs.com|

planned for 1st October 2026. Goldman Sachs International

The portfolio comprises all properties owned by Castellum in the relevant locations

(excluding Hälsingland 19), spanning offices (c.59%), public sector assets (c.7%),

warehouse/light industrial (c.21%), retail (c.9%), and projects/undeveloped land

(c.4%), with a rental value of c.SEK 1.13bn and a total leasable area of c.635,000

sq.m with an occupancy rate of 87.5%, and an average lease duration of 3.5 years.

This represents a 7.1% rental yield on the portfolio.

The company intends to distribute approximately 60% of the proceeds to its

shareholders, with the remaining proceeds to be used to reduce debt, thereby

preserving the current LTV ratio. The exact form of the capital distributed to

shareholders is expected to be determined by the Board of Directors at a later date.