Events during the fourth quarter, 2024

During the quarter, Wallenstam completed and let a further 75 apartments in the Nacka Grace rental apartment project. Wallenstam now has 1,304 apartments under construction.

The high-profile Nacka Grace project in central Nacka comprises a total of 169 rental apartments, of which 103 apartments in total have now been completed and let.

During the quarter, Wallenstam also signed an agreement for the acquisition of the Sergel’s scraper in central Stockholm, which was announced in a press release on October 10, 2024. The property was acquired from AMF Fastigheter for a purchase price, which was based on a property value of SEK 2.8 billion. It will be taken into possession in January 2025.

In addition, Wallenstam has signed an agreement for the sale of four commercial properties in Gothenburg for an agreed property value totaling SEK 1,250 million. The buyer is Safjället Fastigheter AB, which will take possession of the properties on February 3, 2025. The transaction was announced on December 12, 2024.

For further information, please contact:
Susann Linde, CFO and Head of Investor Relations Wallenstam AB (publ) tel. +46 31 20 00 00 or +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 65 billion and the customer base consists of around 12,200 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.