Wallenstam continues to grow on Avenyn

Acquires three real estates from Vasakronan for 350 million SEK.

Hans Wallenstam has earlier given notice of big ambitions for Wallenstams stock around the Kungsportsavenue in Gothenburg. Now Wallenstam increases its real estate stock by acquire the real estates Inom Vallgraven 6:1 on Kungsportsplatsen 2 and Lorensberg 56:8 and 56:9 on the Kungsportsavenue 32-34.

– The sale shows that the liquidity for well managed real estates in attractive areas are good and we are very pleased with the deal, says Åke Pettersson, head of transactions in Vasakronan.

Some of the major tenants in these real estates are Telia Sonera, McDonalds and Swedbank. The real estates has a rental area of about 10 000 sqm. Which gives an average price of 35 000 SEK per sqm. CB Richard Ellis acted as advisor for Wallenstam in this deal.