Wihlborgs continues to grow in Denmark
On 1 July, Wihlborgs acquired the Hørkær 12 property in Herlev and the Brydehusvej 30 property in Ballerup, a total of 17,000 m².The properties were acquired for a consideration of DKK 153 million from the seller, ATP Ejendomme. The major tenants include Coor, Dansk Sundhedssikring, Descom and Bakholmen Auction. The occupancy rate on the date of possession was 88 percent. Fully occupied, the rental value would total DKK 11 million, and the yield would be 6.5 percent. “A large share of Wihlborgs’ property portfolio is located in Herlev and Ballerup. This is an excellent opportunity for us