ARTICLES TAGGED WITH "Wallenstam"

Wallenstam lets Space Arena to Stureplansgruppen

Sweden Sweden — Wallenstam has signed a lease agreement with Stureplansgruppen, which in August will open the spectacular Space Arena in the Sergel's scraper for new experiences. The agreement covers an area of 3,300 square meters on two floors with an ultra modern events arena and accompanying space for conferences, concerts, all types of events and film screenings.

The segments the two giants consider the hottest

Sweden Sweden — It has been a tough time with inflation and higher interest rates. Many have noticed a difference in the market towards the end of 2024 and this is how Alecta Fastigheter and Wallenstam view the investment opportunities ahead.

Wallenstam CEO: "If the location and product is right, the market is there"

Sweden Sweden — Hans Wallenstam shares what awaits with the fifth Hötorgsskrapan and how he sees the coworking market going forward, as well as the reasons for Convendum's difficulties. He also sees that the company will be able to increase the pace of residential development but also sees a major challenge in how the City of Gothenburg works with urban development.

Wallenstam signs large lease with important tenant

Sweden Sweden — Wallenstam starts the year with a major lease in central Gothenburg when it signs an agreement for 5,000 square meters with the University of Gothenburg. Marina Fritsche, Regional Manager Gothenburg and Deputy CEO of Wallenstam, tells Nordic Property News about the lease and what it will mean for the Rosenlund area, as well as how they view the University of Gothenburg as a significant tenant.

Hans Wallenstam wants a Polish solution – for the Swedish residential market

Sweden Sweden — Hans Wallenstam summarizes the property year 2024 from Wallenstam’s view and talks about the investment opportunities after the recent blockbuster deals in Gothenburg and Stockholm. He also tells how he was inspired during a trip to Poland to find a possible solution to the crisis in housing construction in Sweden.

The companies' outlook on the potential office shortage

Sweden Sweden — Recently, a report was published by the West Swedish Chamber of Commerce on Gothenburg's office market, which states that if all currently planned office projects are completed, there is still the risk that the amount of office space it adds will not be able to meet the future need. How do the companies view that risk and the challenges of the office market? Wallenstam and Vasakronan gives their outlook on the office market.

Wallenstam sells commercial properties in Gothenburg

Sweden Sweden — Wallenstam has signed an agreement for the sale of four commercial properties with related development opportunities in Gothenburg. The buyer is Safjället Fastigheter through subsidiaries.

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.