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Wallenstam AB ( ($SE:WALL.B) ) has issued an announcement.
Wallenstam has announced the sale of its Nacka Grace property, a newly constructed block inspired by the Swedish Grace design movement, to KPA Pension, part of the Folksam Group, for SEK 822 million. The property, which includes 169 rental apartments and 12 commercial premises, has received accolades for its architectural quality and is strategically located near future metro developments, enhancing its attractiveness and aligning with Folksam Group’s focus on high-quality properties in desirable locations.
The most recent analyst rating on ($SE:WALL.B) stock is a Sell 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 property company focused on managing, building, and developing properties for sustainable living and enterprise in Gothenburg, Stockholm, and Uppsala. With property holdings valued at approximately SEK 68 billion, the company serves around 12,300 households and 1,000 enterprises. Wallenstam is self-sufficient in renewable electrical energy through its own wind turbines and has been listed on Nasdaq Stockholm since 1984.
Average Trading Volume: 687,409
Current Market Cap: SEK32.29B
For a thorough assessment of WALL.B stock, go to TipRanks’ Stock Analysis page.