Wihlborgs signs lease with the City of Malmö

12/20/2016 1:30 PM

The new agreement applies for additional office space for the City of Malmö’s social services administration, which already leases 7,800 m2 at the property. Renovation and redevelopment is ongoing and the premises should be occupancy ready on 1 July 2017.

“We are delighted that the City of Malmö, which is one of our largest tenants, has chosen to continue its partnership with Wihlborgs. Signing a long-term lease means additional security for both parties,” says Anders Jarl, CEO of Wihlborgs Fastigheter.

Wihlborgs acquired Nora 11 in July 2015. Other tenants at the property include the Swedish Tax Agency, which leases about 17,000 m2 of office space.

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 31 billion. The annual rental value of the properties is SEK 2.3 billion. Wihlborgs shares are quoted on the Large Cap List of Nasdaq Stockholm.