Wallenstam obtains land reservation to develop Ropsten

Wallenstam has obtained a land reservation to develop the district next to
Lidingöbron (Lidingö Bridge) in Ropsten, Stockholm. The land reservation, which
covers a long and narrow plot of land directly north of the bridge on the
Stockholm side, gives Wallenstam the exclusive right to negotiate on land
allocation agreements for the site. Prior to this, a number of investigations
need to be carried out, among other things. The district may include at least
65,000 square metres (gross floor area) with apartments, offices, retail space
and parking.
The area is part of the Norra Djurgårdsstaden urban development area. This
includes part of the properties Hjorthagen 1:3 and Ladugårdsgärde 1:9. The areas
next to Lidingöbrön in Ropsten will be developed into a dense city environment.
A bus terminal for buses to Lidingö will be located here and a connection will
be built to the Stockholm metro so that travellers can walk over Bobergagatan
from the metro to the bus.

“Of course this is in a very early phase and it is a complex project with huge
potential for exciting urban development. We are very happy to have this
opportunity to develop this city district together with the City of Stockholm,
the Stockholm County Council and SL. We will also be able continue our
involvement in Norra Djurgårdsstaden where we have already built rental
apartments,” says Mathias Aronsson, Deputy CEO, Wallenstam.

The project will develop a future hub for public transport while creating a
retail centre with services for travellers, residents and those working in the
area.

“We want to create a lively and pleasant city district which is active during
the day as well as in the evening by providing new homes, a lively retail centre
and a well-functioning public transport hub,” says Aronsson.

Wallenstam AB (publ) is required to make this information public under the
provisions of the Swedish Financial Markets Act and the Swedish Financial
Instruments Trading Act. The information was made publicly available on December
11, 2015 at 08.00 CET.
For more information:
Elisabeth Vansvik, Director of Communications Wallenstam AB (publ) tel. 46 31-20
00 00 or 46 705-17 11 38
www.wallenstam.se
Wallenstam is a growing property company that manages, builds and develops
properties for sustainable living and enterprise in Gothenburg and Stockholm.
The property holding is valued at around SEK 30 billion and the customer base
consists of 7,400 households and 1,000 enterprises. The total lettable area is
around 1 million sq m. Wallenstam is self-sufficient in renewable energy through
the company Svensk NaturEnergi and its wind turbines in operation. The company’s
B shares have been listed on Nasdaq Stockholm since 1984.