Castellum finances stock buyback with property sale proceeds
Updated
Updated · Bloomberg · Apr 30
Castellum finances stock buyback with property sale proceeds
1 articles · Updated · Bloomberg · Apr 30
The Swedish landlord is funding a $365 million repurchase programme partly through asset sales to pension fund AP7.
The move reflects improving sentiment in Nordic commercial property after central bank rate cuts and stabilising valuations, though landlords remain cautious as office and retail vacancies rise.
Private capital is increasingly buying European real estate, with Sweden's listed landlords finding institutional investors willing buyers even as worries persist over war-driven inflation and possible renewed rate pressure.
With global capital chasing 'boring' Nordic real estate, is this a safe haven or a bubble in the making?
As AI drives up energy costs, can its productivity gains truly offset the inflationary impact on households?
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