Rent Agreement in Gothenburg
Wallenstam and the Swedish Union of Tenants Western Sweden Region, have agreed on a rent agreement for Gothenburg.
“Against the backdrop of the extremely turbulent times prevailing in society, we have now decided to make this agreement. The increase does not cover all the increased costs but we have nevertheless chosen to agree on this level in order for the tenants to be informed of their upcoming rent and not to face the risk of retroactive rent,” says CEO Hans Wallenstam.
“Our financial stability has afforded us the opportunity to view this year's cost increases over a period of a few years. We all hope that the high inflation is of a temporary nature,” says CEO Hans Wallenstam.
The rent agreement relates to approximately 2,800 apartments in the City of Gothenburg and will mean rent increases for new production with presumption rent up to 2.5 percent and for other tenants up to 4.5 percent from 1 February 2023.
This agreement is outside of the so-called Tripartite Agreement between the Swedish Property Federation, the Swedish Union of Tenants and Public Housing Sweden. However, we are still part of this Tripartite Agreement, which strives for a shared view of factors that form the basis for future rent negotiations.
For further information, please contact:
Elisabeth Vansvik, Communications Director Wallenstam AB (publ) tel. 46 31 20 00 00 or 46 705 17 11 38
elisabeth.vansvik@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 12,000 households and 1,000 enterprises. The total lettable area is around 1 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.