Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Wallenstam AB ( ($SE:WALL.B) ) has issued an announcement.
Wallenstam completed and fully let 42 apartments in the Ädellövet project in Farsta, Stockholm, bringing the 172-unit development to completion and contributing to a current pipeline of 972 apartments under construction. This ongoing expansion of its residential portfolio in key growth areas strengthens the company’s position in Stockholm’s housing market and underscores its continued focus on new-build projects.
During the quarter, Wallenstam also sold the Nacka Älta 25:106 property to a tenant-formed housing cooperative for SEK 190 million, while executing a strategic land-rights swap with JM by acquiring a 50 percent stake in future building rights in Lövholmen for about SEK 140 million and divesting building rights in Älta valued at SEK 45 million. The establishment of a new Investments Business Area under newly appointed head Erik Klang is intended to centralize new construction, transactions and investments, aiming to sharpen customer focus and create stronger regional synergies in the company’s development activities.
The most recent analyst rating on ($SE:WALL.B) stock is a Buy with a SEK47.00 price target. To see the full list of analyst forecasts on Wallenstam AB stock, see the SE:WALL.B Stock Forecast page.
More about Wallenstam AB
Wallenstam AB is a Swedish property company that manages, builds and develops residential and commercial properties focused on sustainable living and enterprise in Gothenburg, Stockholm and Uppsala. Its portfolio, valued at about SEK 70 billion, covers around 1.4 million square meters of lettable area, serving roughly 12,700 households and 1,000 enterprises, and it is self-sufficient in renewable electricity through its own wind turbines.
The company’s B shares have been listed on Nasdaq Stockholm since 1984, underscoring its long-standing presence in the public markets and its role as a significant player in Sweden’s real estate sector. Its focus on sustainable energy and urban residential development positions Wallenstam as a key actor in the transition toward greener, city‑centered housing and commercial environments.
Average Trading Volume: 718,860
Technical Sentiment Signal: Sell
Current Market Cap: SEK26.8B
For detailed information about WALL.B stock, go to TipRanks’ Stock Analysis page.