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Wästbygg Gruppen

  • Bygger och utvecklar i södra och mellersta Sverige:

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    wastbygg.se

  • Bygger och utvecklar längs hela den norrländska kusten:

    • samhällsfastigheter
    • bostäder
    • kommersiella byggnader
    rekab.se

  • Logistik och industri i Norden:

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    • entreprenaduppdrag
    lc.se

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Non-regulatory
2021

The Wästbygg Group’s acquisition of Rekab Entreprenad has been completed

As previously announced, on 24 September Wästbygg concluded an agreement to acquire all shares in Rekab Entreprenad AB from its holding company, Trekcyd AB. The acquisition was conditional on approval by the Swedish Competition Authority, while financing of the acquisition was subject to approval by the General Meeting of the Wästbygg Group regarding the repurchase and transfer of its shares. The Swedish Competition Authority notified its approval on 7...

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Wästbygg takes possession of building rights in Täby, Stockholm

As previously communicated in a press release on July 7, Wästbygg AB has signed an agreement with Niam to acquire building rights in northern Stockholm at an agreed property value of approximately SEK 310 million. The conditions that were then associated with the agreement have now been met. Wästbygg has therefore taken possession of the building rights, which are located in Näsby Slottspark in Täby municipality north of Stockholm, on August 16.

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Wästbygg Gruppen receives Nasdaq Green Equity Designation

Wästbygg Gruppen is among the first companies in Sweden to apply for and receive Nasdaq Green Equity Designation. Nasdaq offers Nasdaq Green Designations for its Nordic Main Markets and First North Growth Market, including the Premier Segment, in Sweden, Finland, and Denmark.

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Wästbygg first to announce a combined Green Framework

Wästbygg's business concept is to develop sustainable, modern and efficient homes, commercial properties, community service properties and logistics and industry facilities and the company takes its mission as community developers very seriously. As a natural part of the sustainability work and to increase the transparency around the company’s climate commitment, Wästbygg has developed a Green Finance Framework (the ‘Framework’) that enables green labelling of both equity and debt instruments. Further, the company has invited CICERO Shades of Green to complete a Company Assessment as well as a Second Opinion to the debt part of the Framework. The result shows that as much as 65% of revenue, 66% of operating expenditures and 100% of investments is identified as green in the Company Assessment and the Second Opinion rates the debt part of the Framework as medium green.

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