Wihlborgs lets 30,000 sq.m. in Lund to Psychiatry Skåne
Wihlborgs and Region Skåne have concluded a framework and rental agreement for Psychiatry Skåne, which is moving into the Landsdomaren district on Baravägen (the former Regionhuset) in Lund. The case has been dealt with by the Regional Assembly today and a decision has been made to create a modern psychiatric facility here, close to the hospital area with room for both outpatient and inpatient care.
The premises are to be adapted for modern psychiatric care, involving the renovation of existing floor space of 17,000 sq.m. and the addition of 12,500 sq.m. Region Skåne has procured the construction project in accordance with the Swedish Public Procurement Act (LOU), and subsequently handed it over to Wihlborgs for implementation.
“Wihlborgs bought the property in 2008 as a project property, as the plan was for it to be vacated in due course. We saw it as an interesting project with major potential for the right tenant,” says Anders Jarl, CEO of Wihlborgs Fastigheter.
“To modernise, renovate and extend the property, we expect to be investing about SEK 900 million, including SEK 165 for the acquisition of the property. We expect a direct yield of just over six per cent once the building is complete,” continues Anders Jarl.
The rental agreement runs for twenty years, construction will start immediately and the occupants will move in during summer 2013.
“Lund is a priority area for Wihlborgs, and it is of course extremely important for us that Region Skåne has decided to move this organisation into our property,” observes Anders Jarl.
Wihlborgs Fastigheter AB (publ)
Contact information
Anders Jarl, CEO, +46 (0)40-690 57 10, +46 (0)733-71 17 10
Christer Johansson, CFO, +46 (0)40-690 57 06, +46 (0)733-71 17 06
Iréne Johansson, Information Manager, +46(0)40-690 57 21, +46 (0)733-71 17 21