03:28 AM EDT, 09/25/2026 (MT Newswires) -- Castellum (CAST.ST) plans to consolidate operations to two regions from the current four, amid efforts to cut costs and simplify organizational structure. As such, the Sweden-listed real estate company expects to reduce its administrative costs by 15% or 100 million kronor, according to a Friday release. The company will consolidate operations in Gothenburg, Borås, Jönköping, Växjö, Norrköping, Linköping and Copenhagen into the Göta region. The Svea region will cover Stockholm, Uppsala, Västerås and Örebro.

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