Wihlborgs acquires property in Fosie, Malmö
Today, Wihlborgs acquired and took possession of the Olsgård 7 property in Fosie, thereby further strengthening its position in the area. Fosie occupies a strategic location between Malmö’s inner and outer orbitals and has direct links with the motorway network.
The property was acquired from the insolvent Malmö Tidningstryck AB’s estate for SEK 34 million. The property comprises a site of around 14,000 m² as well as a warehouse and office building of about 4,500 m². In conjunction with the acquisition, a lease was signed with Sydsvenska Dagbladets AB.
“The acquisition complements our portfolio and strengthens Wihlborgs’ position as the dominant property owner in Fosie,” says Anders Jarl, CEO of Wihlborgs Fastigheter.
Wihlborgs Fastigheter AB (publ)
For further information, please contact:
Anders Jarl, CEO, +46 (0)40 690 57 10
Arvid Liepe, CFO, +46 (0)40 690 57 31
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 37 billion. The annual rental value of the properties is SEK 2.6 billion.
Wihlborgs’ shares are listed on the Large Cap List of Nasdaq Stockholm.