Quotes

We remain humble in the face of troubled times, but the good start of the year means that our shareholders can look forward to a higher dividend for the 23rd year in a row
Henrik Saxborn, CEO of Castellum
We are proud to have been selected for this important mission, and look forward to collaborating with other companies to help enabling rapid sustainable development
Henrik Saxborn, CEO of Castellum
We see strong and growing interest from customers, and the ongoing corona pandemic is likely to further drive demand for health promotion that is the core of the WELL concept
Filip Elland, Head of Sustainability at Castellum
After our strong first six months, I humbly believe that 2020 will eventually result in increased income from our property management, and thus also the dividend, for the 23rd consecutive year
Henrik Saxborn, CEO of Castellum
It is an honour to once again be working on behalf of the Swedish justice system.
Henrik Saxborn, CEO at Castellum AB
By spotlighting the climate impact of actual construction activities, we can revolutionize an area that our entire industry has neglected for years
Henrik Saxborn, CEO, Castellum AB
We’re now taking a major step in the right direction to build more climate-smart while we contribute to a more sustainable community"
Henrik Saxborn, CEO at Castellum AB
We’re happy over the possibility of acquiring this office property in central Malmö. The Öresund region is important for Castellum, and our largest investments ever are taking place right now In Malmö with two new construction projects that will house the Swedish National Courts Administration and the E.ON international energy company as major tenants. This acquisition complements those investments very well.
Henrik Saxborn, CEO at Castellum AB
It feels great that the building permit has now been granted and we can begin construction. We are proud that we’re getting to build this fantastic building with the state-run Swedish National Courts Administration as long-term tenants. It’s extra fun to be simultaneously constructing E.ON’s new headquarters right across the street. Altogether, the investments add up to approx. 2.6 billion kronor.
Henrik Saxborn, CEO at Castellum AB
The first quarter has been strong, featuring an increase in income from property management with 9%, thanks to good cost control, efficient property-management work, along with contributions from completed projects. Further, it should be factored in that financial results for this period were only marginally affected by the ongoing Covid-19 crisis.
Henrik Saxborn, CEO, Castellum AB
With Covid-19 hovering in the background, future development is difficult to assess, and timing will be everything when considering possible effects on Castellum. I am humble before the fact that our entire society will be affected but feel confident that our stable relationships with our customers and financiers, as well as the commitment and competence of our coworkers, will take us through these adverse times. It’s extra gratifying that we can continue to invest in important city development projects, such as E.ON’s new headquarters and the Swedish National Courts’ major project in Malmö. And we have more government projects on the drawing table.
Saxborn
In these times of concern caused by the Covid-19 virus, it feels gratifying to continue investing in important city-development projects such as E.ON’s new headquarters. This project is Castellum’s largest ever and it will strengthen both our cash flow and balance sheet with a long leasing contract and a solid customer.
Henrik Saxborn, CEO at Castellum AB
We have had a good collaboration. Carola has received an offer witch she has chosen to accept. We wish her the best of luck in her new assignment
Henrik Saxborn, CEO, Castellum AB
We welcome Helena, whose broad experience will promote continued development of our culture and leadership philosophy, to invest in the best resource we have: our coworkers.
Henrik Saxborn, CEO at Castellum
I look forward to becoming part of Castellum and the company’s ambitious plans for the future. With my experience in leadership development and employeeship, I hope to help strengthen Castellum’s powers of attraction as an employer in these days of very fierce competition for talent.
Helena Dino
The investment we’re planning for Västerås is in line with our strategy of adding to our property portfolio with modern offices for companies as well as for state authorities and government agencies. The building will be constructed in an attractive area under rapid expansion. It’s the kind of background we see as a very good investment.
Henrik Saxborn, CEO at Castellum AB
I'm incredibly proud to conclude both the year, and the decade, by stating that we're raising our dividend for the 22nd year in a row, and we’ve increased income from property-management by 7%. Over the last ten years, Castellum has undergone tremendous change in geography, segment consolidation and operational areas. This year we have also entered a completely new activity sector – coworking – through the acquisition of United Spaces. This initiative means that our operations will feature a rather expanded portion of interior-content service.
Henrik Saxborn, CEO of Castellum AB
It should be noted that we operate in strong markets with stable leasing growth. Of course, we'll utilize our position and strength to create further growth and strive to achieve our challenging target of 10% growth in income from property management.
Henrik Saxborn
We’re extremely grateful that Ahlsell has once again placed trust in us to build their new operating facilities. We’ve enjoyed really good experiences from our previous cooperation. The fact that the facilities will be built in a very attractive location, with great access to transportation channels, makes the project even more exciting.
Henrik Saxborn, CEO at Castellum AB
Lund is situated in the expanding business region of Öresund and the city enjoys a long tradition of research and entrepreneurship that includes major international and national players. This sort of background convinces us that we’re making a very strong investment for Castellum.
Henrik Saxborn, CEO at Castellum AB
Säve Airport shows great potential within the sectors of logistics, sustainable transport and mobility. This will become one of our largest and most important projects over the next decade, with potential investment volumes reaching SEK 10 billion or more. Now that first-year experiences and insights have exceeded our expectations, we’d like to increase the pace and really get moving on groundwork and construction. This transaction renders that ambition possible.
Henrik Saxborn, CEO at Castellum AB
Västerås is an attractive city with a thriving economy and robust commerce, where we see great potential. We are furthering our stated strategy to strengthen our position as property manager of centrally situated commercial properties in growth areas. This acquisition represents one part of these efforts. It feels both important and fun to create further possibilities in helping to develop the Västerås city core.
Henrik Saxborn, CEO at Castellum AB
It feels very positive that we can start construction on GreenHaus. This is an important project for us in an exciting new city district which has just begun to take form. The building will be WELL-certified and we’re also planning for a major coworking venture.
Henrik Saxborn, CEO of Castellum AB
We’re incredibly happy to be expanding our operations into Helsingborg. It’s a city where many things are happening, located in a high-growth region close to cities such as Malmö and Copenhagen. We see that this venture has huge potential. We’ve been looking for likely premises in the area, and now we’ve found the ideal solution.
Yvonne Sörensen Björud, CEO of United Spaces
We have 7% growth in income from property management despite the sales concluded this year. Our markets are strong and driven by greater demand than supply, which creates potential for renegotiations in which, so far this year, we have renegotiated our leases upwards by 18%. This, together with the annual index adjustments, has created an increase of 5% in the rental value of the portfolio.
Henrik Saxborn, CEO of Castellum AB
We can also state that the level of gross leasing remains on a high level, and to some extent the negative net leasing should be regarded as an effect of timing, due primarily to a few major notices of termination. Moreover, Castellum’s financial position is stronger than ever; the loan-to-value ratio remains at 44% and our investor base has expanded.
Henrik Saxborn, CEO of Castellum AB
We're incredibly proud of this distinction. This is our fourth year of being elected to the Dow Jones Sustainability Index, a consistent indication that we are best-in-class at sustainability. From the word go, sustainability is an absolute prerequisite if we're to succeed at growing profitably. It creates lasting credibility and trust for our operations among existing and prospective customers, as well as shareholders and co-workers. I'd like to thank all of our colleagues who worked to make this possible.
Henrik Saxborn, CEO at Castellum AB
We see ourselves as community-builders. With this as a springboard, our strategy is to take sustainability issues very seriously from all possible economical, ecological and social standpoints. The objective is to integrate our sustainability efforts into everything we do, and they should constitute a natural consideration in all our daily activities. This year’s GRESB ranking is proof positive that our strategy is right and that focusing on sustainability is profitable. I want to thank all employees who have contributed to this amazing result.
Henrik Saxborn, CEO at Castellum AB
This is an important and prestigious cooperation for us. We’re very proud that Geely has placed confidence in our ability to sustain our part in creating the Geely Innovation Centre in Europe. We share the same vision, which is to create a flexible and dynamic work-and-meeting space that is sustainable and inspiring, while promoting cooperation and creativity.
Yvonne Sörensen Björud
We are very happy that Heart Aerospace has chosen to establish in the Säve Airport area. They're running an exciting operation that lines up perfectly with the innovation cluster we'd like to create in the area, while we plan development over the longer term.
Mariette Hilmersson, Managing Director for Castellum's Region West.
We build and manage buildings – but our primary focus is not limited to walls, floors and ceilings. Our objective for the Hagastaden blocks is to create a space where synergies can be created between workplaces and residences, and where people and companies can grow and thrive together. The joint-project agreement with Einar Mattsson is important, because it lays a foundation for what we want to create. They are an experienced residential developer which complement our competence within the office and public sector.
Henrik Saxborn, CEO at Castellum AB
I’m really excited to be taking on this opportunity. Castellum is a well-run company which demonstrates strong growth and high ambitions. Add to that a strong brand presence and Castellum’s position as the most sustainable company in the Nordic countries. I’m really looking forward to being along in developing operations from a long-term standpoint, focusing on one of Europe’s fastest-growing regions.
Martin Bjöörn, Managing DIrector for operations in Stockholm, Uppsala and Gävle
I am far more optimistic about market conditions today than I was back in January. We have noted numerous positive signals during the quarter, including rising rental levels in the metropolitan areas and a positive result for net leasing compared with the previous quarter.
Henrik Saxborn, CEO Castellum
In addition to stronger results from our property management operations, the detailed development plans for three of our largest projects have been approved, which translates to a project volume of MSEK 3,000. In the current market, projects have a considerably higher yield than acquisitions, and now account for the lion’s share of Castellum’s investments, which is important for the next few years.
Henrik Saxborn, CEO Castellum
We are very proud to have been invited to join this group of experienced industry players from all over Europe. I believe we all have a lot to gain from working together to find new innovative solutions which can benefit each of our businesses as well as the real estate sector in Europe as a whole. All of us are facing similar challenges from an environmental, social and financial standpoint, but especially from a digital perspective due to new technology. It is necessary for us to live up to our existing and future customers’ expectations in order for us to stay successful longer-term. Therefore this type of collaboration is essential since it can help us speed up innovation and research with the goal to developing tomorrow’s real estate business.
Henrik Saxborn, CEO Castellum
To obtain a higher credit rating is very valuable for Castellum. It proves that what we are doing keeps us on the right track from both a financial and a business perspective. The fact that the market shows faith in Castellum is a prerequisite for future investments. At the same time, the enhanced credit rating creates opportunities that we require to maintain strong economic flexibility, along with the possibility to expand our investor base nationally as well as internationally.
Ulrika Danielsson, CFO Castellum.
I’m extremely proud to be accepting this award. It’s proof of the persistent efforts we make to create sustainable community construction that reaches far beyond Castellum’s borders. I’d also like to thank my colleagues on the Board and the Executive Management Group, as well as all Castellum employees. We’ve all pulled together to put Castellum on the map as one of the most sustainable real estate companies in both national and international spheres. Business advantages go hand in hand with Castellum’s Agenda for the Sustainable City 2030. Continuous improvements, with measurable goals for sustainability offer us a shortcut to our financial objectives as well as sustainable value-creation for our shareholders, customers, coworkers and other partners. On the personal side, it feels extra fun to be working in the boardroom with issues I hold closest to heart and to be able to inspire and be inspired by others.
Charlotte Strömberg, Chairman of the Board Castellum
Income from property management increased 9%, which means that with our existing portfolio, we nearly reached our goal of 10% this quarter as well. Net sales are assessed as temporarily impacting growth over the forthcoming quarters, but I believe that we will create shareholder value in 2019 as well.
Henrik Saxborn, CEO Castellum
The currently existing property-access solutions consist of locked systems, which make movements difficult to manage in addition to obstructing development. The new platform for digital keys can best be explained as a kind of counterpart to the Swish mobile payment system. Digital keys will make life easier for both our customers and ourselves as property owners. We’ll even be setting excellent background conditions for creating new, smart mobile services for our customers.
Niclas Ingeström, Chief Digital Officer at Castellum
“Taking this new step together results in really exciting opportunities, where Castellum’s experience of creating successful and innovative workplaces meets HSB’s almost one hundred years of experience in founding and enhancing The Good Home concept. We’re developing the next generation’s work spaces with useful and effective cooperation tools and efficient services for tackling life’s various puzzles. It’s a new type of space, where people and companies are invited to grow and develop through new kinds of meeting situations”
Henrik Saxborn, Castellum CEO
“We’d like to create a trailblazing residential environment and build a social and digital hub for Jubileumshuset. An inclusive space and a natural meeting-place that will create synergies and added value for all who live, visit or work in the Jubileumshuset building. It feels really inspiring to link arms with Castellum – a sharp commercial player and an exciting work-partner that both complements and challenges us”
Jonas Erkenborn, CEO for HSB Bostad
“Interest in Eminent has been tremendous. It’s delightful that increasing numbers of employers understand the value of investing in the wellbeing of their coworkers. There’s a lot to gain here, such as reduced absenteeism due to illness and fewer stress-related issues. Healthy and contented coworkers also perform better, thereby increasing company profitability”
Henrik Saxborn, CEO at Castellum AB
“Every day, 250,000 people go to work in our buildings. We strive continuously to develop workplaces in central locations, where companies and people can prosper. We envision strong development potential at Lilla Bommen and the acquisition further strengthens our position in the Gothenburg inner city”
Henrik Saxborn, Castellum CEO
“The infrastructure drive currently taking place at Lilla Bommen will result in an even more attractive area in the future, as it’s creating a more central and vastly more accessible location”
Henrik Saxborn, Castellum CEO
“We continue our strategy of selling properties in retail areas in favour of a fully targeted offices and logistics portfolio in Nordic high-growth areas”
Henrik Saxborn, Castellum CEO
This distinction is an acknowledgment of our systematic and high-quality sustainability efforts
Filip Elland, Head of sustainability at Castellum
“It feels fantastic to welcome Henrik Stadigh to Castellum and to be taking our next step to being firmly established in Finland. Helsinki is a really exciting market, where we anticipate great growth potential. With Henrik in place, we can continue to grow and realize our ambition of expanding the portfolio in central Helsinki”
Henrik Saxborn, Castellum CEO
“I very much look forward to helping Castellum become established in the Finnish market. I’m hoping to provide expertise and experience from the Finnish real estate sector as well as my demonstrated skills in building up successful work units, driven by strong team spirit”
Henrik Stadigh, Business Area Manager Castellum Helsinki
“It feels fantastic to be along on the creation of a totally unique city district with science, life-and-living, and health in focus. We can contribute here with attractive workplaces and designing a life sciences cluster, as well as contributing the expertise about healthy buildings and wellbeing, we’ve acquired during our work with WELL-certified buildings”
Henrik Saxborn, CEO for Castellum AB
Coworking is about so much more than attractive workspaces. It is resource-efficient for the planet as well as for our wallets, but it’s also about building fellowship
Henrik Saxborn, Castellum CEO