Let the City Grow!
LET THE CITY GROW! ANNUAL REPORT 2016 WALLENSTAM 2016 Our business process is based on our business concept. We build, acquire and develop properties for people and companies based on the needs of our customers, the community and shareholders. The properties are developed and managed sustainably and profitably to generate value growth. Profits are reinvested and used to develop the business further. Shareholders receive a share of the profits in the form of dividends. INVESTMENT PROFIT SALES MANAGEMENT INCREASE IN VALUE SEK 2,691 MILLION SEK 3,348 MILLION DIVIDEND SEK 1.70*/SHARE *Proposed dividend – Q1 – – Q2 – – Q3 – – Q4 – 258 121 4,300 5 Construction starts of 258 apartments rental apartments were completed in square meters, spread across seven construction projects begin, which in Solberga, Stockholm and in Stall- the environmentally-designed Norra floors are let on Avenyn 21 − commer- combined involve 461 apartments, backen, Mölndal. The beginning of Djurgårdsstaden district in Stock- cial premises, which were renovated including the first phase of Umami the demolition phase in the old Arla holm. Wallenstam’s third phase in and developed during the year as part Park in Sundbyberg, and Ulfsparre- factory represented the starting shot Stallbacken, Mölndal, begins with 82 of the Mid Avenue Valand project. gatan in Lunden, Gothenburg. for Kallebäcks Terrasser, where about rental apartments, as well as con- In Umami Park, Sundbyberg, with In October, Wallenstam receives 2,000 apartments will be built. struction of 17 terraced houses with plans for about 900 apartments, celeb- the Swedish Renewable Energy Wallenstam signs agreement to ownership rights in Helsingborg.
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