Castellum is among the first to receive NollCO2 certification
Castellum has completed the Korsningen block project, receiving the NollCO2 certification, showcasing its commitment to sustainability. The project, housing the Swedish Police Authority, features a 6,900 square metre wooden office building that generates surplus renewable energy via solar panels. The construction reduces emissions by approximately 40% compared to traditional methods. An investment of MSEK 225 was made, with a rental value of SEK 15 million annually and a 100% occupancy rate. Castellum aims for complete climate neutrality by 2030.
- Received NollCO2 certification for sustainability.
- Completed a significant 6,900 square metre project with full occupancy.
- Annual rental value estimated at SEK 15 million.
- None.
GOTHEBURG, Sweden, Sept. 26, 2022 /PRNewswire/ -- The Korsningen block project has now been completed, and Castellum is one of the first companies in the Nordics to receive a NollCO2 (ZeroCO2) certification.
The Swedish Police Authority, the tenant in the project, has recently moved into the Korsningen office building in central Örebro. The main body of the house – seven storeys tall, built entirely of wood, and encompassing 6,900 square metres of lettable office space – radiates sustainability and innovation. The solar panels on the roof of the property not only supply the building with energy but also generate a surplus of renewable energy that can be used by others.
Constructing a frame of wood means that emissions are roughly 40 per cent lower compared with conventional construction methods. When Castellum builds new structures, we are exacting about the materials we choose, and how these materials are manufactured and transported. At a minimum, we require new office buildings to qualify for Miljöbyggnad level Gold, and for this project we have now also obtained NollCO2 certification from the Sweden Green Building Council (SGBC), which awards Sweden's leading environmental certifications for buildings.
"NollCO2 certification has been a goal throughout the construction period, so we are delighted and proud to have earned this recognition. It is proof that we are on the leading edge in terms of the sustainability and environmental impact of our buildings," says Erik Nilsson, project manager at Castellum AB.
This certification means that the building has a net-zero climate impact during its service life. The Korsningen block is extremely energy efficient, and also emits very low levels of greenhouse gases while in use. The indoor environment in wooden buildings is beneficial to health: wood has a positive impact on air, comfort, and acoustics.
"This is one of the first NollCO2 certifications in Sweden. There are only a few properties in Sweden that are certified under NollCO2, which makes us especially pleased and proud to lead the way," says Rutger Arnhult, CEO Castellum AB.
The project in brief
Investment: approximately MSEK 225 including the acquired building rights of MSEK 15
Rental value: approximately SEK 15 million annually
Lettable area and economic occupancy rate: 6,900 square metres with an economic occupancy rate of 100 per cent
For further information, please contact:
Rutger Arnhult, CEO, Castellum AB, +46 704-58 24 70
Filip Elland, Chief Sustainability Officer, +46 31-60 74 26 filip.elland@castellum.se
About Castellum
Castellum is one of the largest listed property companies in the Nordic region that develops flexible workplaces and smart logistics solutions. As of 30 June 2022, the property value totalled approximately SEK 185 billion, including the ownership share of the Norwegian company Entra ASA. We are active in attractive Nordic growth regions. One of our sustainability goals is to become entirely climate neutral by 2030 at the latest. Castellum is the only Nordic property and construction company elected to the Dow Jones Sustainability Index (DJSI). The Castellum share is listed on Nasdaq Stockholm Large Cap.
Beyond expectations.
www.castellum.se
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
Release | |
https://news.cision.com/castellum/i/korsningen-ext3,c3093176 | Korsningen ext3 |
View original content:https://www.prnewswire.com/news-releases/castellum-is-among-the-first-to-receive-nollco2-certification-301632782.html
SOURCE Castellum
FAQ
What is the NollCO2 certification received by Castellum?
How much did Castellum invest in the Korsningen project?
What is the annual rental value of the Korsningen office building?
What is the size of the Korsningen office building?
What is Castellum's target for climate neutrality?
