Co-op apartment projects converted into rental apartments and property transactions completed in fourth quarter 2017
Wallenstam has decided to convert three ongoing co-op apartment projects into rental apartments, involving about 290 apartments in total. During the quarter, a number of property transactions were completed where Wallenstam took possession of properties, co-op premises and land with a property value of SEK 500 million and vacated properties with a property value of SEK 322 million.As previously communicated, the first phase in the co-op apartment project Orangeriet in Solberga, Stockholm, was converted into rental apartments in October, due to lower than expected interest at the start of