ARTICLES TAGGED WITH "Wallenstam"

Aberdeen´s Asper Fund Acquires in Uppsala – Here Are the Funds Nordic Assetss

Nordic — Aberdeen´s residential property fund Asper has made a new big acquisition in Sweden. It´s the fund´s eighth investment in the Nordic.

Wallenstam Has Sold Treasury Shares

Sweden Sweden — The board of Wallenstam has resolved, pursuant to the authority granted by the general meeting April 27, 2021, to sell 7,000,000 Class B treasury shares in Wallenstam, representing approximately 2.12 percent of the total number of shares and approximately 1.09 percent of the votes.

Wallenstam Presents Proposal for Major Urban Development – Open to Others Joining

Sweden Sweden — The City of Gothenburg turns 400 years old and as a ‘gift’ Wallenstam and Wingårdhs present a proposal to develop four skyscrapers with 1,200 new apartments in the city center. Hans Wallenstam, CEO of Wallenstam, and Gert Wingårdh, CEO of Wingårdhs, share their view on the project and the possibility of other developers joining.

Wallenstam Invests in Klarna

Sweden Sweden — Klarna is carrying out a new issue in which Wallenstam is investing SEK 125 million.

L2 Fastigheter in Lease Agreement with Wallenstam

Sweden Sweden — Wallenstam has signed a lease with L2 Fastigheter for 420 square meters at Vasagatan 43 B in Gothenburg. In October, they will move into their new office premises in the Avenyn area.

Wallenstam Signs Lease with Healthcare Provider in Uppsala

Sweden Sweden — Wallenstam has signed a lease with Sweden’s largest private healthcare provider, Praktikertjänst. Right next to Rosendal Square in Uppsala, Praktikertjänst is planning to open both a healthcare center and a child healthcare center in late 2021.

Wallenstam Signs LOI Regarding Östermalmshallen

Sweden Sweden — Wallenstam has signed a letter of intent with the City of Stockholm regarding the building, which has been used for the evacuation of Östermalmshallen. The building, which is located at Östermalmstorg, opened in 2016 when the regular market hall was to be renovated, and it closed for good on February 15, 2020.

SBB Acquires Two Community Service Properties from Wallenstam

Sweden Sweden — Samhällsbyggnadsbolaget i Norden acquires two centrally located community service properties let to school operators from Wallenstam for an agreed total property value of MSEK 380.

For Sale: Historical Office Building in Central Gothenburg

Sweden Sweden — The Swedish property giant’s former HQ for sale in Sweden's number two. ”A unique property, the location is quite unbeatable.”

Wallenstam Has Reached 10,000 Rental Apartments Under Management

Sweden Sweden — Wallenstam now has 10,000 rental apartments under management. The tenant Dennis Furlan and his family are moving into Wallenstam’s 10,000th apartment in the new production in Elisedal, Gothenburg.

Wallenstam Launches New Climate Targets

Sweden Sweden — As a part of Wallenstam’s sustainability work, four climate targets are now being introduced. The aim of the targets is to further reduce the carbon footprint from the building operations and from the properties’ energy consumption and residual waste. In addition, all business trips shall be carried out in a carbon-neutral way.

Wallenstam: Completed Transactions and Construction Starts During Q3

Sweden Sweden — Wallenstam has started the construction of 85 apartments, of which 12 are so-called co-living apartments, in the development project Kallebäcks Terrasser in Gothenburg. During the quarter, a total of 145 apartments were completed and occupied in two different projects. In September, land was also taken into possession for future new production in Österåker.

Wallenstam Has Issued a Green Bond of SEK 300 Million

Sweden Sweden — Wallenstam has issued a green bond under its green framework and MTN program. The issue consists of SEK 300 million with a maturity of two years and with a fixed interest rate of 0.695 percent. The bond is unsecured.

Corporate Apartments and 'Ultra-Modern' Offices for Wallenstam's Umami Park

Sweden Sweden — 13 minutes from Stockholm City in Umami Park, Sundbyberg, 85 newly constructed, premium apartments for companies are now ready through the housing concept ‘Umami easy living’ – furnished or unfurnished corporate apartments that Wallenstam will let under its own management to companies as long-term accommodation or apartments for overnight stays.

Hans Wallenstam: "This Is Worse Than Any Other Crisis"

Sweden Sweden — One of Sweden’s most profiled real estate CEOs, Hans Wallenstam, compares the current Covid-19 crisis, with the big financial crisis back in the 90s, and he also tells Nordic Property News how the giant company has acted towards the tenants, during the pandemic.

Wallenstam Sells Newly Constructed Residential Property to Länsförsäkringar

Sweden Sweden — An agreement has been signed on the sale of Wallenstam's new construction project in the New York block at Gärdet in Stockholm. The buyers are 14 companies within the Länsförsäkringar Group, which are scheduled to take possession of the property when it is completed on December 15, 2020.

This Is the Biggest Challenge for the Real Estate Heavyweight

Sweden Sweden — Hans Wallenstam, CEO of Wallenstam: ”We need to find solutions, so that our tenants survive the crisis.”

Wallenstam Becomes Joint Owner in Colive

Sweden Sweden — Wallenstam is becoming a 25-percent joint owner in Colive through a new issue. Colive is one of Sweden's first operators of co-living housing through so-called 'co-living hubs'.

Wallenstam Divests Property in Central Gothenburg to Ramsbury

Sweden 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.

These Are the Longest Serving Chairmen

Nordic — Which of the Nordic listed real estate companies’ Chairmen have served the longest? Nordic Property News has the list.

H1 2019: They Invested Most in Their Own Portfolio

Nordic — Nordic Property News presents the largest investments from the listed companies in the Nordics during H1 2019 – in their own portfolios.

The Companies with the Lowest Vacancies in the Second Quarter

Nordic — Nordic Property News presents a list of the second quarter’s vacancy rates among the listed Nordic real estate companies.

They Have Increased Their Profit the Most in Q2

Nordic — Nordic Property News presents the listed Nordic companies’ profit before tax during Q2.

The Nordic Real Estate Companies’ ICR Levels in Q2

Nordic — Nordic Property News presents figures on the interest cover ratios for the listed Nordic real estate companies.

The Best Yields Among the Listed Nordic Companies

Nordic — Nordic Property News presents which of the listed Nordic construction and real estate companies that provide the best yields.