MALMÖ, Sweden--(BUSINESS WIRE)--Regulatory News:
Wihlborgs Fastigheter AB (STO:WIHL)
Wihlborgs has signed a 10-year lease with the City of Malmö in the property Uven (formerly the Riksbankshuset) opposite the City Hall in Malmö. The property, of around 7,500 m2, will be modernised and adapted to the tenant’s acitvities and is expected to be ready for occupancy in January 2017.
The tenants will include the Förskoleförvaltningen (Preschool Committee) and Näringslivskontoret (Malmö Trade and Industry Agency) who are moving into Lugna gatan when Länsförsäkringar moves to the Gängtappen property in Dockan this summer. During the renovation, the Malmö Trade and Industry Agency, whose offices are currently located in the building, will move to one of Wihlborgs properties in Norra Vallgatan.
“The sequential moving of tenants demonstrates Wihlborgs strengths being a major, local and flexible landlord, thereby being able to offer solutions to tenants' changing needs,” says Anders Jarl, CEO of Wihlborgs Fastigheter.
Wihlborgs Fastigheter AB (publ)
The information is such that Wihlborgs is required to publish in accordance with the Swedish Capital Markets Act and/or the Swedish Financial Instruments Trading Act. The information was submitted for publication at 10.00 p.m. on Wednesday, 25 May.
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 29 billion. The annual rental value of the properties is SEK 2.3 billion. Wihlborgs shares are quoted on Nasdaq Stockholm, Large Cap.
This information was brought to you by Cision http://news.cision.com