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Castellum, a leading Nordic real estate company, has been ranked sixth globally in the S&P Corporate Sustainability Assessment for the sixth consecutive year. The company is the only Nordic real estate firm included in the Dow Jones Sustainability Indices. With a total score of 80 points, Castellum's commitment to sustainability is evident in its integration of environmental goals into business practices. Additionally, the firm achieved a remarkable 95 points in the Global Real Estate Sustainability Benchmark. Castellum aims for net-zero emissions by 2030.
Castellum will release its interim report for January-September 2021 on October 19, 2021, at 08:00 am (CET). A teleconference is scheduled for 09:00 am (CET), led by acting CEO Jakob Mörndal and CFO Ulrika Danielsson, featuring a Q&A session. Castellum, a leading Nordic real estate firm with a property value of approximately SEK 122 billion, operates in key Swedish regions and is committed to achieving climate neutrality by 2030. The report and presentation will be accessible on Castellum's website.
Castellum has appointed Jakob Mörndal as acting CEO, effective October 8. He succeeds Henrik Saxborn, who left the company after over eight years. Mörndal has significant experience in the property sector, having previously worked as Business Development Manager at Klövern and in high yield sales at Swedbank. The company plans to merge with Kungsleden, after which Kungsleden's CEO, Biljana Pehrsson, will take over as CEO of Castellum. Castellum is a leading real estate firm in the Nordic region, with a property value of approximately SEK 122 billion.
Castellum Aktiebolag has announced a presentation for the recommended public offer to Kungsleden Aktiebolag shareholders, scheduled for October 1, 2021, at 10:00 am CEST. Rutger Arnhult, Castellum's Chairman, will discuss the rationale behind the offer and answer questions. The event will be held in English and streamed live online. No pre-registration is required. After the presentation, materials and the webcast will be available on Castellum's investor relations site.
Castellum has announced the sale of 16 properties in Stockholm, Öresund, Norrköping, and Västerås to Oscar Properties for SEK 1.7 billion, netting about MSEK 60 above the latest valuation. The deal will result in an impairment of goodwill of approximately MSEK 20 and deferred tax income of MSEK 170. A cash influx will bolster Castellum's financial position ahead of a proposed merger with Kungsleden. As part of the payment, Castellum will receive shares worth up to MSEK 200 in Oscar Properties, equating to a 10% ownership share.
On September 23, 2021, Castellum AB announced the formation of its Nomination Committee for the 2022 Annual General Meeting (AGM), which includes representatives from the four largest shareholders, holding approximately 32% of shares and votes. The committee, chaired by Rutger Arnhult, will propose candidates for Board members, the Chairman, and auditors. Shareholders can submit proposals until December 6, 2021. The AGM is scheduled for March 24, 2022. Castellum is one of the largest real estate companies in the Nordic region, with a property value of SEK 97 billion.
Castellum Aktiebolag has secured competition clearance from the Swedish Competition Authority for its proposed public offer to acquire Kungsleden Aktiebolag. This approval fulfills all necessary regulatory requirements for the Offer, allowing Castellum to proceed without further obstacles. Notably, Castellum is one of the largest real estate companies in the Nordic region, with a property value of approximately SEK 97 billion and a lettable area of 3.8 million square meters. This development reinforces Castellum's strategic growth in attractive markets.
On August 25, 2021, Castellum AB successfully issued hybrid bonds worth EUR 1 billion with a fixed coupon of 3.125% and an initial non-call period of 5.5 years. The oversubscribed bonds will be listed on Euronext Dublin and classified as equity under IFRS, with Moody's assigning a Ba1 rating. Proceeds will support general corporate purposes including acquisitions and project developments. Castellum is a leading Nordic real estate company with a property value of approximately SEK 97 billion.
Castellum Aktiebolag announces the publication of a base prospectus for a €3,000,000,000 Euro Medium Term Note Programme, approved by the Central Bank of Ireland. This prospectus includes pro forma financial information due to Castellum's ongoing acquisition of Kungsleden Aktiebolag. The Offer for Kungsleden's shares was announced on August 2, 2021, and the pro forma details are meant to illustrate potential impacts on Castellum's finances as of January 1, 2021, and June 30, 2021. Further details are expected in an offer document on September 29, 2021.
Castellum Aktiebolag announced a public offer to acquire Kungsleden Aktiebolag, aiming to integrate both companies. Moody's affirmed Castellum's Baa2 rating with a stable outlook, underlining Castellum's commitment to maintain a loan-to-value ratio under 45% by year's end. The merger could yield annual financial cost synergies of approximately SEK 100 million due to better financing conditions stemming from Castellum's superior credit rating. Castellum holds a property value of around SEK 97 billion and aims for complete climate neutrality by 2030.
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