Wallenstam vacates the property Vildvinet 1 in Helsingborg

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The property Vildvinet 1 is being vacated as of today’s date as part of the agreement concluded with Willhem in December 2015 on a gradual acquisition by the company of Wallenstam’s properties in Helsingborg. The lettable area amounts to 14,820 square meters and the agreed property value was SEK 509 million.

“We are now surrendering another property, Vildvinet 1, to Willhem based on our signed agreements. After this, only a few property development projects remain for Wallenstam in Helsingborg, and these will be completed during 2017/2018,” says Hans Wallenstam, CEO.

The Vildvinet 1 property consists of a number of existing apartment blocks as well as one newly constructed apartment block and is located on Erik Dahlbergs gata 34, Flemminggatan 14, Pålsjögatan 21 and Tågagatan 47 in Helsingborg.

For further information:
Susann Linde, CFO and Head of Investor Relations Wallenstam AB (publ) tel. 46 31 20 00 00 or 46 705 17 11 34
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.

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