Wihlborgs acquires property in central Malmö
Wihlborgs has signed an agreement to acquire the Österport 7 property with a lettable area of 11,000 square metres in Drottningtorget in Malmö.
The seller is SPP Fastigheter AB (publ) and transfer is scheduled for 1 June 2022. The property is approximately 500 metres from Malmö Central Station and consists of an office building of seven to eight storeys, with a large garage shared with the neighbouring property. The tenant, Sweco Sverige AB, currently has the entire property at its disposal. The underlying property value is SEK 390 million and the acquisition was completed using a corporate wrapper.
“The acquisition of Österport 7 further strengthens our position in central Malmö. The area is also under constant development, not least through the coming growth in Nyhamnen. This property has an attractive location, interesting volume and, above all, a design that provides flexibility and sustainability over time,” says Ulrika Hallengren, CEO of Wihlborgs.
Wihlborgs Fastigheter AB (publ)
For further information, please contact:
Ulrika Hallengren, CEO, Tel: +46 40 690 57 95
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 50.6 billion, representing an annual property rental value of SEK 3.5 billion. Wihlborgs’ shares are listed on the Large Cap List of Nasdaq Stockholm.
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