Castellum Builds World's First Climate-neutral Police Building - Seite 2

The new office structure will be located in the Korsningen city block of central Örebro, where Castellum built the Citypassagen office property in 2019. The building has been designed by Utopia Arkitekter, who won the land-allocation competition and later chose Castellum to implement the project. Construction start is planned for the summer of 2020, with completion scheduled for mid-2022.

"I'm really proud that we're well on the way with our most sustainable office building ever. We'll be learning a lot that can be useful for future projects. I'm sure we'll be seeing quite a few more of these newly certified NollCO2 buildings in the near future," says Per Gawelin, CEO Region Mitt, Castellum. 

Castellum's climate objectives include becoming 100% climate neutral by 2030, in compliance with the UN climate change conference as well as with national goals for a fossil-free Sweden.

Summary of the project:  

Where: Castellum building in the Korsningen city block of central Örebro  

Investment: approx. MSEK 225, including acquired building rights of MSEK 15

Occupancy: Mid-2022 

Leasing value: approx. MSEK 15 annually 

Contract duration: 5 years, with a 12-year option

Tenant: The Swedish Police Authority

Leasable area and leasing rate:  6,900 sq.m, with an economic leasing rate of 100%  

Castellum is one of the largest listed real estate companies in Sweden. Property values total SEK 96.3 billion and holdings comprise office, warehousing/logistics and public-sector properties, covering a total leasable area of 4.3 million square metres. The real estate portfolio is owned and managed under the Castellum brand through a decentralized organization with strong and clear local presence in 17 Swedish cities, as well as Copenhagen and Helsinki. Castellum is ranked as the most gender-diverse of 600 listed European companies by European Women on Boards, 2020. Castellum is the only Nordic real estate/construction company elected to the Dow Jones Sustainability Index (DJSI), joining a select group of companies in the world who perform best on sustainability issues. In 2019, Castellum received two awards for sustainability efforts; designated Number One in the world by GRESB for the offices-and-logistics sector, as well as the Level Gold award for sustainability reporting from the EPRA (European Public Real Estate Association). The Castellum share is listed on Nasdaq Stockholm Large Cap. For further information visit www.castellum.com.