- Business
- Wästbygg Gruppen AB (publ) operates as a construction and project development company focused on residential, commercial, and logistics and industrial properties across Sweden, Norway, Denmark, and Finland. The company develops and constructs rental and tenant-owned apartments; commercial buildings including community service properties; and logistics and industrial facilities under the Logistic Contractor brand, with project development spanning land acquisition to completed, environmentally certified structures such as those meeting Miljöbyggnad, Svanen, Breeam, and Green Building standards. Founded in 1981 and headquartered in Borås, Sweden, with offices in Gothenburg, Stockholm, Malmö, Jönköping, Helsingborg, and Varberg, it serves public and private clients in expansive Swedish markets and Nordic logistics hubs through subsidiaries including Wästbygg AB, Rekab Entreprenad, and Logistic Contractor; Wästbygg Gruppen lists on Nasdaq Stockholm and remains a subsidiary of M2 Holding AB. Recent developments include the divestment of a project development portfolio to Klövern in July 2025; partial repayments on its senior secured bond in June and September 2025; strong order intake exceeding SEK 1.7 billion in the first half of 2025 with an underlying positive operating result; a SEK 900 million agreement with Klövern post-balance sheet in mid-2025; and continued partnerships such as the Niam logistics warehouse project slated for completion in summer 2025.