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Wallenstam CEO Hans Wallenstam and AMF Fastigheter CEO Thomas Erséus shaking hand on this historic transaction.

Wallenstam CEO Hans Wallenstam and AMF Fastigheter CEO Thomas Erséus shaking hand on this historic transaction.

Image: Wallenstam

AMF Fastigheter CEO on the unexpected divestment: "We don't want to grow too much"

Sweden Sweden — Plus article The iconic 5th Hötorgshuset, which has been in AMF Fastigheter's ownership for nearly 30 years, is being divested to Wallenstam for SEK 2.8 billion, approximately EUR 0.26 billion. CEO Thomas Erséus explains that the sale is being made as part of AMF Fastigheter's work to strengthen the conditions for developing more locations and urban spaces. At the same time, the CEO has previously expressed that they had big plans for the property. He explains why they have now chosen to sell three large pieces in the Stockholm CBD.