Wallenstams buys commercial property in Gothenburg

Wallenstams buys commercial property in Gothenburg Wallenstam has purchased a 3,858 m2 commercial property in the Gamlestaden district from Celexa Fastighetskapital AB for SEK 9.5 million. The property is directly adjacent to several properties already owned by Wallenstam and is thus considered to be a natural complement to Wallenstam's commercial property holdings in Gamlestaden. Lennart Wallenstam Byggnads AB Gothenburg, 10 February, 2000 For further information, please contact Hans Wallenstam, Managing Director, phone +46 (0)31 200 000 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/10/20000210BIT00360/bit0001.pdf http://www.bit.se/bitonline/2000/02/10/20000210BIT00360/bit0002.doc

About Us

Wallenstam was established in 1944 and is a dedicated property company with about 300 properties in the three major urban areas Gothenburg, Stockholm and Helsingborg. The focus of the Group’s portfolio is residential and commercial properties in Göteborg. The Group’s rental income is more than SEK 1 billion and the value of its property portfolio is just under SEK 13 billion. The Group’s Series B shares have been listed on the Stockholm Stock Exchange since 1984.