Wihlborgs Fastigheter AB: Wihlborgs Acquires Logistics Property in Malmö

MALMÖ, Sweden--()--Regulatory News:

Through a company transaction, Wihlborgs acquires the property Sunnanå 12:27 in the municipality of Burlöv, just outside Malmö. The site area is approximately 53 000 sqm and the lettable area is approximately 14 500 sqm.

On the property there are three buildings; one office building, one terminal and one warehouse. The buildings were erected in 2008 and are fully let to TransFargo.

Wihlborgs is to pay SEK 181 million net and will take possession immediately. The seller is AxFast AB.

“Sunnanå has a superb logistic location where the Outer Ring road (E6, E20/22) intersects with road 11. We will get an efficient, modern logistics property with a return of approximately 7.2 percent”, says Anders Jarl, CEO, Wihlborgs Fastigheter AB. “Though the acquisition Wihlborgs strengthens its position in the market and we are very happy to, once again, welcome TransFargo as a tenant in our portfolio”.

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 based in Malmö, Helsingborg, Lund and Copenhagen. Wihlborgs is the leading property company in Malmö, Helsingborg and Lund. The book value for the Company’s properties totals SEK 22.2 billion. The annual rental value of the properties is SEK 2.0 billion. Wihlborgs’ shares are quoted on the Mid Cap List of Nasdaq OMX Stockholm.

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Contacts

Anders Jarl
CEO
(+46) 40 690 57 10
(+46) 733 71 17 10
or
Arvid Liepe
Chief Financial Officer
(+46) 40 690 57 31
(+46) 733 71 17 31

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Contacts

Anders Jarl
CEO
(+46) 40 690 57 10
(+46) 733 71 17 10
or
Arvid Liepe
Chief Financial Officer
(+46) 40 690 57 31
(+46) 733 71 17 31