Wallenstam AB Sells Prized Property in Nacka for 822 Million SEK

Stockholm, July 3, 2025 — Wallenstam AB, a prominent real estate development company based in Gothenburg, Sweden, has announced the sale of a significant property in Nacka for 822 million SEK. The transaction involves approximately 9,780 square meters of rentable space, which is being sold to KPA Pension, a part of the Folksam Group. The deal is set to close with the transfer of ownership planned for October 31, 2025.

Wallenstam AB, listed on the Swedish Stock Exchange, specializes in developing, building, buying, selling, and managing residential and commercial properties across Gothenburg, Stockholm, and Helsingborg. The company also engages in generating and supplying wind power, boasting a total combined installed output of 143 megawatts. With around 200 properties, including 9,000 apartments and 1,000 commercial tenants, Wallenstam AB is a key player in the Swedish real estate sector.

The sale of the Nacka property marks a significant transaction for Wallenstam AB, reflecting its strategic focus on optimizing its portfolio. The company’s recent financial performance shows a close price of 49.06 SEK as of May 29, 2025, with a 52-week high of 61.15 SEK on September 30, 2024, and a 52-week low of 38.9 SEK on April 8, 2025.

This transaction is part of Wallenstam AB’s broader strategy to enhance shareholder value through strategic asset management. The company continues to maintain a strong presence in the Swedish real estate market, with a focus on sustainable development and energy efficiency.

For further details, Wallenstam AB can be reached through their official website at www.wallenstam.se .