Brief: Wallenstam Acquires Project Close To City In Stockholm

Wallenstam AB

29/06/2022 07:04

June 29 (Reuters) - Wallenstam AB  WALLb.ST :
    * WALLENSTAM ACQUIRES PROJECT CLOSE TO THE CITY IN STOCKHOLM
    * PROJECT HAS A COMPLETED ZONING PLAN AND PLANNED PRODUCTION
START
IS ALREADY IN 2023
    * IN CONNECTION WITH TRANSACTION, WALLENSTAM IS ALSO SELLING
A
PORTFOLIO OF RESIDENTIAL PROPERTIES IN GOTHENBURG AND PARTILLE
TO IKANO BOSTAD
    * PROJECT PROPERTY IS BEING ACQUIRED THROUGH A COMPANY
TRANSACTION
FOR AN AGREED PROPERTY VALUE OF SEK 750 MILLION
    * RESIDENTIAL PROPERTIES ARE BEING SOLD FOR AN AGREED
PROPERTY
VALUE OF SEK 1,360 MILLION IN TOTAL

Source text for Eikon:  ID:nWkr4d17fh 
Further company coverage:  WALLb.ST 

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