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ARTICLES TAGGED WITH "Wallenstam"

Wallenstam rents out office space totaling 1,500 sqm in central Gothenburg

Sweden Sweden — Wallenstam has recently completed several office lettings in central Gothenburg, which is filling the city's attractive locations with new, dynamic businesses. Approximately 1,500 square meters of office space in inner city locations has recently been let to companies with specialist expertise in IT, digital marketing, streetwear and psychology.

Wallenstam signs new office lease in central Gothenburg

Sweden Sweden — Wallenstam signs new leases for the property at Kaserntorget 6 in Gothenburg.

Wallenstam signs expanded lease in Gothenburg

Sweden Sweden — Wallenstam signs new expanded lease contract with Mullvad VPN for office space in central Gothenburg.

"The ink has barely dried and we are getting lots of requests"

Sweden Sweden — With one of the year's largest acquisitions and the entry into CBD Stockholm at the end of the quarter, Wallenstam now presents its interim report. The Gothenburg office market feels stable and Hans Wallenstam sums up his attitude towards office death and home working with the words: - It is a non-issue. People want to go back to the office.

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

Sweden Sweden — 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.

Wallenstam's growth ambitions for the Stockholm office market

Sweden Sweden — Wallenstam enters the office market in Stockholm with a bang. After buying the skyscraper Hötorgskrapan from AMF Fastigheter for SEK 2.8 billion (EUR 255 million), CEO Hans Wallenstam tells Nordic Property News about the many years of work to find the right starting point in Stockholm, how they want to develop the newly acquired property, how they want to continue growing and how the commercial market in Stockholm differs from that in Gothenburg.

Wallenstam buys scraper from AMF Fastigheter in blockbuster deal

Sweden Sweden — Wallenstam has signed an agreement on the acquisition of the scraper next to Sergels Torg square, number 5 of the Hötorget scrapers, and is thereby starting a new venture in the commercial segment in Stockholm's CBD. The transaction price is SEK 2.8 billion (EUR 255 million).

Wallenstam and the city have still not agreed on a price for building rights at Gamla Ullevi

Sweden Sweden — The central land reference is now proposed to be extended for the fourth time because the city and Wallenstam have not agreed on the price of the building rights. The detailed plan has been adopted but for the time being suspended by the Land and Environment Court.

Hans Wallenstam: "The worst is behind us now"

Sweden Sweden — All the key figures in Wallenstam's Q2 point in the right direction according to Hans Wallenstam, who sees a turning point for the industry and the market as a whole. The Wallenstam CEO sees progressively better times ahead, where he hopes that the company will be able to start even more projects and be able to build more homes for the roughly 235,000 people who are in Wallenstam's housing queue.

The investment situation in Gothenburg's office market

Sweden Sweden — With some negative writings and reports about the office situation in Gothenburg, the question is how the city's property owners see the investment situation going forward. Here, Vasakronan's regional manager Kristina Pettersson Post and Wallenstam's vice president Marina Fritsche talk about, among other things, what their strategies for carrying out business look like and what their company does with leftover surfaces.

Leaves Wallenstam to form new company

Sweden Sweden — After a natural succession within Wallenstam, the former Head of Development, Mats Herner, exits and instead chooses to start his own company, Stadsutveckla AB. He tells Nordic Property News about the decision, the new company, which clients he sees himself working with, which geographies he intends to operate in and about the goals for the company.

Wallenstam Divests Property in Uppsala

Sweden Sweden — Wallenstam has signed an agreement to sell a commercial property in central Uppsala. The property is being sold to Bonnier Fastigheter AB for an agreed property value of SEK 140.5 million.

Wallenstam: "We'll See Major and Minor Developments in a Rollercoaster"

Sweden Sweden — Wallenstam's increased dividend yield requirement in 2022 is one of the consequence of an uncertain and waiting real estate market as well the higher interest costs, the company writes in its year-end communiqué. To Nordic Property News, CEO Hans Wallenstam says that it is the difficulties in valuing the property portfolio that should stand in contrast to the fact that, after all, they deliver a result after tax that amounts to SEK 1.1 billion.

Wallenstam Signs New Leases in Gothenburg

Sweden Sweden — Wallenstam signs leases with three new tenants in Gothenburg.

Wallenstam Launches Framework for Green Bonds

Sweden Sweden — Wallenstam in cooperation with Handelsbanken has prepared a revised framework for green bonds. The framework has been reviewed by Cicero and once again obtained the highest rating, Dark Green.

Wallenstam Secures Rent Increases Outside the Tripartite Agreement

Sweden Sweden — Wallenstam and the Swedish Union of Tenants in Stockholm have agreed on a rent agreement for 2023.

Wallenstam Secures Tenant in New Premises

Sweden Sweden — Early next fall, Friskis & Svettis will move to new premises in Mölnlycke Fabriker. Then all members will be welcomed to a newly renovated premises of 1,400 square meters right in the heart of the district. With an entrance from Bruksgatan, a pleasant thoroughfare that runs through Mölnlycke Fabriker, the location will be more publicly and easily accessible for both local residents and visitors.

Swedish Coworking Powerhouse Takes First Step in European Expansion

Sweden Sweden — The Wallenstam-owned coworking company Convendum expands of Sweden through its establishment in Palma de Mallorca. Oscar Limbäck, COO at Convendum, tells Nordic Property News why Palma was first in line, which customers are targeted in Mallorca, about continued expansion abroad and about the company's main tasks for the end of 2022.

Wallenstam Acquires Stockholm Project from Ikano Bostad – and Makes Swap Deal

Sweden Sweden — Wallenstam is acquiring a project close to the city in Stockholm from Ikano Bostad. The project has a completed zoning plan and the planned production start is already in 2023.

Rebecka Wallenstam Co-Opted Member of the Board of Wallenstam

Sweden Sweden — At the statutory Board meeting after yesterday's Annual General Meeting of Wallenstam AB, the Board decided to co-opt Rebecka Wallenstam as a Board member.

Wallenstam to Take Co-living Concept to New Location

Sweden Sweden — Wallenstam will take the first co-living concept to Southern Stockholm.

Wallenstam Acquires Property in Central Gothenburg

Sweden Sweden — Wallenstam has signed an agreement to acquire a commercial property in central Gothenburg for an agreed property value of SEK 1,125 million. The property will be taken into possession on February 1, 2022.

Wallenstam Divests Two Properties for over SEK 1 Billion

Sweden Sweden — Wallenstam has signed an agreement to sell two residential properties in Tyresö for an agreed property value of just over SEK 1 billion.

Wallenstam Sells Portfolio to SBB

Sweden Sweden — Wallenstam has signed an agreement to sell six properties to SBB. The properties are located in Sundbyberg and in Gröndal, Stockholm and are being sold at an agreed property value of SEK 1,150 million.

Wallenstam Reaches Milestone – After Construction Start in Uppsala

Sweden Sweden — The construction of Wallenstam’s 10,000th apartment since the turn of the millennium has started. The production rate of apartments has gradually increased since the company resumed its new construction operations. The magic number of 10,000 apartment construction starts has been passed through the Kompositören project in Rosendal, Uppsala.