Wihlborgs acquires development properties in Malmö
Wihlborgs acquired two properties in Nyhamnen in central Malmö and sold one property in south Helsingborg.
Wihlborgs has acquired two strategically located development properties in Nyhamnen, in central Malmö. The properties, Polstjärnan 1 and Polstjärnan 2, comprise 10,000 m² and are located a stone’s throw from the Central Station. The properties are being sold by Lantmännen Fastigheter, which currently uses one of the properties as a grain store.
Nyhamnen is Malmö’s next major development area. The City of Malmö plans to make Nyhamnen part of the mixed, compact city, containing many workplaces and homes.
“We are extremely pleased with our acquisition that is strategically well placed in what will become Malmö’s next Dockan. This is where Wihlborgs, together with the City, will drive development to create an attractive city district. We have further strengthened our position in Nyhamnen through this acquisition,” comments Anders Jarl, CEO of Wihlborgs Fastigheter AB.
In parallel, Wihlborgs has sold a property, Brottaren 17, to Lantmännen Fastigheter that continues to strengthen itself in the segment of supermarket properties. The property, located in south Helsingborg, comprises a lettable area of 5,500 m² which is fully leased to Willy’s and Jysk.
Wihlborgs Fastigheter AB (publ)
Wihlborgs Fastigheter AB (publ) is a property company that focuses on commercial properties in the Öresund region. Its property portfolio is located in Malmö, Helsingborg, Lund and Copenhagen.
In Malmö, Lund and Helsingborg, Wihlborgs is the leading property company.
The book value for the Company’s properties totals SEK 24.3 billion. The annual rental value of the properties is SEK 2 billion.
Wihlborgs shares are quoted on the Mid Cap List of the Nasdaq OMX Nordic Exchange.
Contact information
For further information, please contact: Anders Jarl, CEO, Tel: +46 (0)40 690 57 10 Arvid Liepe, CFO, Tel: +46 (0)40 690 57 31
The information is of such a kind that Wihlborgs Fastigheter AB (publ) may be required by law to publish pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication at 10.30 a.m. CET on 16 March.