Wihlborgs acquires properties in Helsingborg and Copenhagen

1/24/2017 9:00 AM

In December, Wihlborgs acquired the Cylindern 2 property in Långeberga from Er-Ho Fastigheter AB. The property is Wihlborgs’ first in Långeberga and comprises a site of about 10,000 m² and a warehouse and office building of about 2,200 m². Heras Stängsel AB has leased the entire property.

Wihlborgs has also signed an agreement to acquire the Ackumulatorn 15 and Ackumulatorn 17 properties in Långeberga. These properties comprise a site of about 16,800 m² and a warehouse and office building of about 4,300 m², where the main tenant is Noviflora Helsingborg AB. The properties were sold by Bröderna Iborn AB. Occupancy will be from 1 March 2017.

“Långeberga is a prosperous commercial area and has outstanding communication links with direct access to the European road network. These two transactions form a good base in a management area that is new for us. We hope we can expand our portfolio in Långeberga over time,” says Anders Jarl, CEO of Wihlborgs.

Wihlborgs has also completed a minor supplementary acquisition in Denmark. The Park Allé 363 office and workshop property in Brøndby was acquired from Aberdeen Asset Management on 31 December 2016. The property comprises a site of 20,000 m² and a building of 3,900 m². The property is fully let to Pon Equipment.

The total property value for these three transactions is SEK 96 million. The Swedish transactions were in the form of a company acquisition.

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.