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Wihlborgs has signed a lease agreement with Plusgymnasiet, which is a part of AcadeMedia, Sweden’s largest education company. The lease covers 2,500 sq.m. of education facilities and the property Flundran 1 will be fully occupied. The building is located next to the new Court of Appeals in Malmö. Possession will take place as of August 1st 2012 at the start of the autumn semester.
Wihlborgs will publish its year-end report Tuesday February 7 at 07.30 CET. CEO Anders Jarl will present the report in Stockholm at Operaterrassen on the same day at 12.00 CET. An English presentation will be given at 13:15 CET. Both presentations can be followed via teleconference or webcast. Notification can be made in accordance with normal practice to Financial Hearings.
Wihlborgs acquires the property Zirkonen 2 at Väla Södra for SEK 42.5 million. The acquisition will take place in company form. The property consists of a modern and efficient warehouse building totaling 4,600 m², which is fully let to NetOnNet until 2025.
Wihlborgs uses a new method of financing through its co-owned finance company Svensk Fastighetsfinansiering AB (SFFAB) and borrows SEK 289 million in a three-year bond program. The first issue will take the form of a three-year bond of SEK 650 million, which will be guaranteed by mortgages. The bonds carry a fixed interest rate of 3.65% and a FRN loan (SEK 250m).
After a reconstruction of the mall named Gallerian in the property Elefanten 40 in Malmö, Wihlborgs and the Education Department in the municipality of Malmö have concluded a rental agreement for 1,400 m2 office space on the second floor. The tenants will move in August 1, 2012. The rental value including additional costs amounts to SEK 2.8 million.
Wihlborgs has acquired the property Forskaren 3 for SEK 310 million from Skanska. The acquisition will take place in a company transaction. The property contains of two separate buildings with a total area of 11,000 m2 and is fully let to QlickTech until 2019. Wihlborgs will take possession of the property as of 1 December 2011.
Wihlborgs is selling the property Mollberg 1 in central Helsingborg to Elite Hotels of Sweden for SEK 97.5 million. The sale is taking place in company form and possession is immediate.
Wihlborgs is expanding and starts three construction projects in the north of Helsingborg.