Sweden —
Since Hans Wallenstam took over as CEO of Wallenstam in 1991, the residential segment has experienced both soaring highs and deep lows. During the peak of housing construction, there was a shortage of homes in every city. Today, construction sites stand still in many locations. Yet, in his in-depth interview with Nordic Property News, Wallenstam’s CEO and principal owner describes a market that is beginning to stabilize. And while not everything is as it once was, some truths remain constant:
“Urbanization in Sweden continues. Although not at the same pace as before, there will still be demand for new housing in attractive locations,” says Hans Wallenstam.