Our Markets
Wallenstam’s property holding is concentrated in Sweden’s expanding regions of Gothenburg and Stockholm. We have a wide range of housing, offices and retail stores in attractive locations.
Our property holding is presented below in more detail along with the sub markets concerned. The information is updated quarterly in connection with the publication of financial reports.
The total lettable area in our property holding amounts to around 1.4 million sq m. The cities in which we do business are characterized by extensive demand for housing. Our residential holding is fully let and only a small proportion of apartments become vacant during the year. The occupancy rate in regard to commercial properties amounts to 91 percent.
Residential Property Rental Market, Gothenburg
In Gothenburg we manage around 5,000 apartments, located in the inner city as well as in Majorna, on Hisingen and the eastern part of the centre, and in the peripheral municipalities of Härryda, Partille and Mölndal.
Wallenstam is one of the major private operators on the Gothenburg housing market. As a proportion of the total distribution among housing companies that provide rental apartments, market share amounted to 3 percent at the beginning of 2023. The overall rental market in Gothenburg totals SEK 14.3 billion according to property consultants JLL.
Market shares rental apartments, Gothenburg
| Property company | Market share, % |
| Wallenstam | 3 |
| Poseidon | 16 |
| Bostadsbolaget | 13 |
| Familjebostäder | 11 |
| SGS Studentbostäder | 5 |
| Stena Fastigheter | 4 |
| Balder | 2 |
| Other | 46 |
| Total | 100 |
Residential Property Rental Market, Stockholm
We manage around 5,900 apartments in the Stockholm region. The properties are located in attractive areas in Greater Stockholm from the central parts of town to inner suburbs and neighbouring municipalities like Nacka, Sundbyberg and Huddinge. In Uppsala, we manage around 450 apartments.
Wallenstam is one of the major private operators on the Stockholm housing market. Our market share as regards apartments overall in Stockholm amounted to 2 percent at the beginning of 2023. According to JLL, the total rental market in Stockholm County amounted to SEK 30.4 billion at the beginning of 2023.
Market shares rental apartments, Stockholm
| Property company | Market share, % |
| Wallenstam | 2 |
| Stockholmshem | 8 |
| Svenska Bostäder | 8 |
| Familjebostäder | 6 |
| Victoriahem | 4 |
| Stiftelsen Stockholms Studentbostäder | 3 |
| Stockholms Kooperativa Bostadsförening | 2 |
| Stena Fastigheter | 2 |
| Einar Mattsson | 2 |
| Other | 63 |
| Total | 100 |
Commercial Property Rental Market, Gothenburg
Our commercial properties are concentrated in Gothenburg's inner city locations such as along the Avenyn and Inom Vallgraven. In all, we have around 900 commercial customers in Gothenburg. We have a good, stable tenant structure. Examples of commercial tenants are City of Gothenburg, Filmstaden, Essity Hygiene and Health AB and Gothenburg Regional Archives.
Wallenstam is one of the biggest operators on the commercial property rental market in Gothenburg, with a market share of around 5 percent regarding office and retail space. The market share is calculated on the basis of each property owner's reported office and retail space in relation to the total office and retail space in the City of Gothenburg according to the JLL property consultancy.
Competition analysis commercial market, Gothenburg
| Property company | Market share, % |
| Wallenstam | 5 |
| Castellum | 10 |
| Platzer | 9 |
| Vasakronan | 8 |
| Balder | 6 |
| Other | 62 |
| Total | 100 |