Events during the first quarter, 2026
During the quarter, Wallenstam completed and let 42 apartments in the Ädellövet project in Farsta, Stockholm. In total, 972 apartments are currently under construction. Wallenstam has also sold a property in Älta, Nacka to a housing cooperative and carried out a transaction with JM where Wallenstam is acquiring residential building rights in Lövholmen, Stockholm, and is selling residential building rights in Älta, Nacka.
42 apartments have been completed and let in the Ädellövet project in Farsta, Stockholm. The project comprising a total of 172 apartments is now fully completed. All in all, Wallenstam now has 972 apartments under construction.
On January 30, Wallenstam sold the property Nacka Älta 25:106 to a housing cooperative formed by the tenants. The sale was carried out through a company transaction and the agreed property value amounted to SEK 190 million.
In a press release on February 27, it was announced that Wallenstam and JM have signed an agreement on the sale and acquisition of residential building rights. Wallenstam is acquiring future building rights in the Lövholmen development area, adjoining Liljeholmen in Stockholm. The purchase price for Wallenstam’s 50-percent company acquisition amounted to approximately SEK 140 million and the property was taken into possession in March 2026. In the same transaction, Wallenstam is selling building rights in block 3 of the Älta urban development project in Nacka. The property is being sold through a company transaction for an agreed property value of SEK 45 million. Vacation will take place when property formation has gained legal force, which is expected to occur during the first quarter of 2027.
On March 1, Erik Klang took up the role of head of the newly-established Investments Business Area with responsibility for new construction, property transactions and investments. The new business area will bring together Wallenstam’s new construction operations in order to create an even clearer customer focus and strengthen synergies across the regions.
For further information, please contact:
Susann Linde, Vice CEO and CFO Wallenstam AB, tel. +46 705 17 11 34
www.wallenstam.se
Wallenstam is a property company that manages, builds and develops properties for sustainable living and enterprise in Stockholm, Gothenburg and Uppsala. The property holding is valued at around SEK 70 billion and the customer base consists of around 12,700 households and 1,000 enterprises. The total lettable area is around 1.4 million sq m. Wallenstam is self-sufficient in renewable electrical energy through its own wind turbines in operation. The company’s B shares have been listed on Nasdaq Stockholm since 1984.