The new business area will bring together Wallenstam's new construction operations in order to create an even clearer customer focus and strengthen synergies across the regions. Erik is already responsible for the company's property transactions. The organizational change also provides scope for the regions to focus even more on property development of the existing portfolio in order to create value growth. The clearer division of roles between investments and the operational responsibilities of the regions creates better conditions for developing both customer experience and property values over time.

"Erik has successfully had responsibility for the company's property transactions for several years and it is now a natural step to expand this responsibility to also include Wallenstam's new construction operations. It's a challenging assignment and I feel full confidence in Erik's strategic business perspective and ability to take on the responsibility in a positive way, particularly in view of his previous experience within the company," says Hans Wallenstam, CEO.

"I look forward to continue developing Wallenstam's investment work together with my knowledgeable colleagues. We play an important role in creating attractive and sustainable environments where people want to live and reside, both through our new construction but also by continuing to refine and improve our property portfolio through transactions. It feels inspiring to lead this work forward," says Erik Klang, Head of Investments at Wallenstam as from March 1.