Wallenstam AB (publ) (WALL_B) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

to the conference call for the fourth quarter and a summary of 2025 for Wallenstam. During December, we vacated the entire Sergelskrapan, which we took over in February this year. The only remaining tenants are now on the ground floor since the middle of December and below street level, where the space arena is located. You can see this on the picture. Various types of events have been held here during the year by, for example, Spotify, Annual General Meetings and the Gates Foundation. And it is operated by the Stureplan Group. This is also where we recorded our year-end film for the fourth quarter this year, Me and Hans. To summarize some of the key activities we have carried out as a company during 2025. We have invested a total of 2.2 billion kronor in new construction and redevelopment. We have started 394 apartments and completed 686 apartments. So now we currently have just over 1000 apartments under construction. The demand for our rental apartments remains strong, which can be seen in the 77,000 new applicants who joined our own housing queue during the year. bringing the total to 330 000 people in our own queue. It has also been an intensive year in terms of transactions, both acquisitions and divestments, with a total volume of 5.4 billion kronor. Part of the money has been used to repurchase our discounted share, In total we have repurchased 17 million shares during the year 2025. So now we have 22 million shares. So what has happened during this fourth and last quarter of the year? We divested our newly produced property Nacka Grace on the 34th October to the Folkestone Group and KPA Pension. And as I mentioned, we continued to repurchase our own shares also during the last quarter. In the fourth quarter, we repurchased 3 million shares, which are trading...