Wallenstam Divests Property in Central Gothenburg to Ramsbury

Hans Wallenstam, CEO of Wallenstam.

Image: Wallenstam

Wallenstam Divests Property in Central Gothenburg to Ramsbury

Sweden — During the third quarter, Wallenstam vacated the property Inom Vallgraven 20:9 with the address Östra Hamngatan 39 / Kungsgatan 52 in central Gothenburg. Wallenstam also obtained a land allocation in Stockholm.

2019-09-30

The land allocation relates to about 120 rental apartments on Solleftegatan in Råcksta in the City of Stockholm.

The property Inom Vallgraven 20:9, which was vacated on September 24, 2019, was constructed in 1804 and was reconstructed and renovated by Wallenstam.

The three floors contain about 1,800 sq m in total of commercial floor space where the H&M group’s chain store ARKET has been a tenant since September 2018. The property is being sold via a company transaction to Ramsbury Property AB, and the agreed property value amounts to SEK 215 million.

Anthon Näsström

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