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Wallenstam acquires 37 properties in Stockholm

May 12, 2005

Wallenstam, the Swedish property company, has acquired 37 properties of approx. 161 000 square meters in Stockholm from The Foundation Olle Engkvist Byggmästare for SEK 2 085m (EUR 230m).

The properties consist of a large number of well-situated residential properties in the inner city of Stockholm, as well as in the south, west and north part of Stockholm. After the acquisition Wallenstam now has more than 8 000 apartments in Stockholm - the city in Sweden with the largest demand for appartments.

Vinge acted for Wallenstam.
Fredrik Sonander (responsible partner)
Per-Anders Aldeholm, David Kleist (associates)

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