Castellum AB/Skr CAST

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About Castellum AB

Castellum AB is a real estate company primarily engaged in the ownership, management, and development of commercial properties in the Nordic region. The company specializes in office spaces, warehouses, and public sector buildings, offering a diverse portfolio of properties to tenants across various industries. Founded in 1993 and headquartered in Gothenburg, Sweden, Castellum operates throughout the key urban areas in Sweden, as well as in Denmark and Finland. The company's strategic emphasis on sustainable and innovative building solutions underpins its commitment to environmental responsibility. Castellum's competitive strengths include its strong regional presence and focus on high-demand, sustainable property solutions.
Ticker
Skr CAST
Primary listing
XSTO
Employees
481
Headquarters
Gothenburg, Sweden

Castellum AB Metrics

BasicAdvanced
kr 57B
23.13
kr 5.54
1.47
kr 1.24
0.97%

Bulls say / Bears say

Castellum’s Q2 net income jumped to SEK 634 M from SEK 189 M a year ago, driven by strategic divestments that reshaped the portfolio and boosted profitability (MFN.se)
Core property management income of SEK 1,222 M beat consensus expectations for Q2, demonstrating resilience in operating performance amid challenging market conditions (MarketScreener)
Loan-to-value ratio improved to 37.3% and interest coverage remained stable at 3.2×, underpinning the company’s strong financial flexibility and capacity to weather market volatility (MFN.se)
Office vacancy rates in Stockholm rose to 15.5% in early 2026, the highest since the 1990s, exerting downward pressure on rental income in one of Castellum’s key markets (Bloomberg)
Soaring energy costs highlighted by real estate investors could increase operating expenses for Castellum’s existing buildings if not adequately hedged or upgraded (Bloomberg)
Sweden’s GDP growth forecast was revised down to 2.8% for 2026, potentially dampening leasing and tenant demand in the Nordics (Bloomberg)
Data summarised monthly by Lightyear AI. Last updated on 2 Sept 2026.

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Market data provided by CBOE Europe and Deutsche Börse.