This is Wallenstam
Wallenstam is a company that does more than just manage buildings. We work in close collaboration with cities to create safe, secure places and neighbourhoods that people love to live in, work in and visit. Wallenstam builds, develops and manages properties, mainly in Stockholm and Gothenburg.
We offer a range of high-quality housing in both cities, and we have chosen to concentrate our commercial properties on Gothenburg. We take environmental issues and society’s increasing need for security very seriously indeed and we are always looking for new opportunities to build, develop and work more sustainably.
9,000 APARTMENTS IN ATTRACTIVE LOCATIONS
We champion rental properties as a housing choice. They represent a flexible, worry-free housing choice for tenants, and they are important for the city. We are one of the largest private-sector landlords in Sweden with around 9,000 apartments in attractive locations in Gothenburg, Stockholm and Uppsala.
For us, responsible city development is just as much about developing existing buildings as it is about new construction.
COMMERCIAL PROPERTIES IN ATTRACTIVE LOCATIONS
In Gothenburg, Wallenstam is one of the city’s major operators and developers of the local market. The customer structure is stable and our broad range of properties is concentrated to Gothenburg’s inner-city and nearby areas.
The basis for Wallenstam’s business operations is sustainable property administration. Wallenstam builds, buys and develops properties for people and businesses based on the requirements of its customers, the community and shareholders. The properties are built, developed and managed sustainably and profitably to generate growth in value. Profits are re-invested and used to develop the business further. Dividends provide shareholders a participation in earnings.
About us in brief
Number of properties: around 220
Customers: around 9,000 households and 1,000 commercial tenants
Investment property value: SEK 46 billion
Market capitalization Dec 31, 2018: SEK 27 billion
Occupancy rate, lettable area: 99%
Lettable area: 1.2 million sq m
Number of apartments under construction: around 2,200
Number of wind turbines: 66
Number of employees: around 250
Markets: Stockholm, Gothenburg, Uppsala and Helsingborg
Founded in 1944
The Wallenstam share is listed on Nasdaq Stockholm, Large Cap.
Code of conduct
Our Code of Conduct is based on and summarizes the policies and guidelines that govern the business. It is revised and adopted by the Board annually, and sets out the framework for conducting our work in a responsible way.