Wallenstam signs leasing agreement for 6,100 m2 in Gothenburg

Wallenstam signs leasing agreement for 6,100 m2 in Gothenburg Wallenstam has leased 2,350 m2 of office space at Mölndalsvägen 36-38 to Mecel AB. The lease is for 5 years from 01-05-1999. Nobel Biocare AB has signed a lease on 950 m2 of office space at Mölndalsvägen 91. The lease is for 5 years from 01-05-1999. Falck Security has signed a lease on 2,800 m2 of office, storage and garage space at Vasagatan 3. The lease runs from 01-05-1999 to 31-12-2007. When these agreements come into force, there will be no vacant floor space at Mölndalsvägen 36-38, Mölndalsvägen 91 and Vasagatan 3. The three leasing agreements will generate annual revenues of about SEK 5.5 million and will have a positive impact on Wallenstam's profits from property management from 1999. Gothenburg, 1 February, 1999 Lennart Wallenstam Byggnads AB (publ) For further information, please contact Thomas Dahl, Director of Marketing and Information, phone +46 31 200 000. Wallenstam was founded in 1944 and, with more than 10,000 apartments in its portfolio, is one of the largest residential property companies on the Stockholm Stock Exchange. With floor space totalling about 1,000,000 m2 and a market value of about SEK 1 billion, Wallenstam is also one of the largest listed property companies in Sweden ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/02/01/19990202BIT00110/bit0001.doc http://www.bit.se/bitonline/1999/02/01/19990202BIT00110/bit0002.pdf