Completed property transactions and project starts during the first quarter 2019
During the quarter, the freehold of a site leasehold right in Gothenburg was bought and the property Mässhaken 2 in Helsingborg was sold. Wallenstam also started the construction of about 770 apartments during the quarter.“We are continuing our new production of mainly rental apartments for our own management operations, where we are maintaining a production rate of 1,500-2,000 apartments per year. There is still a severe housing shortage and it feels very satisfying to be able to provide new rental apartments to the market when demand is so high,” says Hans Wallenstam, CEO of Wallenstam AB.