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Castellum AB ( (SE:CAST) ) has provided an announcement.
Castellum AB has announced the development of a 22,000-square metre warehouse and logistics facility in the Sunnanå district near Malmö, with construction set to begin in the third quarter of 2025. This strategic move aims to strengthen Castellum’s portfolio in the Warehouse/Light Industry segment, capitalizing on the Öresund region’s status as a key logistics hub. The facility will feature high standards of sustainability and energy efficiency, making it an attractive option for various logistics operations.
The most recent analyst rating on (SE:CAST) stock is a Hold with a SEK120.00 price target. To see the full list of analyst forecasts on Castellum AB stock, see the SE:CAST Stock Forecast page.
More about Castellum AB
Castellum is one of the Nordic region’s largest commercial property companies, focusing on office and logistics properties in Nordic growth cities. The company is listed on Nasdaq Stockholm Large Cap and is recognized for its sustainability efforts, being the only Nordic property company included in the Dow Jones Sustainability Indices.
Average Trading Volume: 1,902,861
Current Market Cap: SEK54.66B
See more data about CAST stock on TipRanks’ Stock Analysis page.