Wallenstam in letter of intent with Mölndal for apartment construction

The Municipal Executive Board in Mölndal has made a decision regarding a land allocation for about 230 permanent apartments in central Mölndal as well as planning permission and a land allocation for about 90 modular apartments for new arrivals and students.

“Mölndal is a very attractive municipality and there is a great need for housing. Through new construction, we want to and can help solve the housing situation in both the short- and long-term and make an active contribution to urban development,” says Thomas Dahl, Vice CEO of Wallenstam.

The land allocation in central Mölndal is situated in Åby. Of the 230 apartments that will form part of the land allocation in central Mölndal, 80 will be rental apartments and the rest will be cooperative apartments.

The property for the modular apartments is located in the Södra Porten district, east of the E20 motorway and the letter of intent includes the land allocation and temporary planning permission for ten years. Mölndal Municipality will rent 60 apartments as a temporary housing solution for new arrivals. The remaining 30 apartments will be rented out on the regular housing market by Wallenstam. 

“We have a very good dialogue with Mölndal Municipality and look forward to being able to start construction as soon as possible in order to meet the need for new apartments here,” says Thomas Dahl.

For further information:
Elisabeth Vansvik, Communications Director Wallenstam AB (publ) tel. 46 31 20 00 00 or 46 705 17 11 38

www.wallenstam.se

Wallenstam is a developing property company that manages, builds and develops properties for sustainable living and enterprise in Gothenburg and Stockholm. The property holding is valued at around SEK 37 billion and the customer base consists of around 7,500 households and 1,000 enterprises. The total lettable area is around 1 million sq m. Wallenstam is self-sufficient in renewable energy through the company Svensk NaturEnergi. The company’s B shares have been listed on Nasdaq Stockholm since 1984.

About Us

Wallenstam is a property company that manages, builds and develops properties for sustainable living and enterprise in Stockholm, Gothenburg and Uppsala. The property holdings are valued at around SEK 49 billion and the customer base consists of more than 9,000 households and 1,000 enterprises. The total lettable area is around 1 million sq m. Wallenstam is self-sufficient in renewable energy through its own wind turbines in operation. The company’s B shares have been listed on Nasdaq Stockholm since 1984.

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