Wihlborgs strengthens its north Helsingborg presence with two acquisitions

7/4/2022 5:30 AM

Pilbågen 6 is in Berga, along Garnisonsgatan and with access to the Ängelholmsleden (E4.23 motorway). The lettable area amounts to approximately 16,400 m², of which 4,500 m² is offices, 9,400 m² is retail and 2,500 m² is warehouse space. The property currently houses some 25 tenants.

Snårskogen 1 adjoins Wihlborgs’ existing Snårskogen 4 property in Väla Norra. The lettable area amounts to approximately 8,600 m², of which 2,500 m² is offices, 4,900 m² is retail and 1,200 m² is warehouse space. There are currently some 15 tenants.

The underlying property value is SEK 333 million and the acquisitions were completed using corporate wrappers. The total rental value amounts to approximately SEK 29 million and the occupancy rate is about 85 percent. The seller is Oscar Properties Holding AB (publ).

“These acquisitions allow us to strengthen our existing cluster of properties at Berga and Väla, two sub-areas in great demand and with excellent opportunities thanks to their strategic locations. Our two ongoing newbuild projects, a facility for Doka at Snårskogen 5 in Väla Norra and Berga Flexhus at Huggjärnet 13, also help meet this demand,” says Ulrika Hallengren, CEO of Wihlborgs.

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 of the company’s properties totals SEK 50.6 billion, representing an annual property rental value of SEK 3.5 billion. Wihlborgs’ shares are listed on the Large Cap List of Nasdaq Stockholm.