Updated
Updated · Bloomberg · Apr 30
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.
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