Wallenstam AB (publ) has signed an agreement to sell two residential properties in Tyresö for an agreed property value of just over SEK 1 billion. The property Tyresö Järnet 12, address Axel Wennergrens väg 1/Bollmora gårdsväg 20-24, with 54 apartments, comprises about 2,400 sq m of residential and 200 sq m of commercial space. The property Tyresö Järnet 13, address Axel Wennergrens väg 3-19, with 221 apartments, comprises about 10,300 sq m of residential, 100 sq m of commercial and 3,200 sq m of garage space. The agreed property value for both of the properties, which are being sold through company transactions, amounts to just over SEK 1 billion. Closing is expected to take place on December 22, 2021.