Wihlborgs buys property in Denmark

Wihlborgs buys property in Denmark Wihlborgs has acquired the office property Hörkaer 16-28 in Herlev, just outside Copenhagen. The purchase price is SEK 280 million. The lettable area is about 33,000 m2 and the rental value is about SEK 23 million. Wihlborgs simultaneously sold its 49% share in Flightstreet Investments B.V. The sale will not have any effect on the result. "This acquisition, as part of our business in Denmark, will give us a property with great development potential and interesting possibilities," says Erik Paulsson, President and CEO of Wihlborgs Fastigheter. Wihlborgs Fastigheter AB (publ) For further information: Erik Paulsson, President and CEO, Tel.: +46 (0)8-555 148 18, +46 (0)733-87 18 18 Olle Knaust, deputy CEO and CFO, Tel.: +46 (0)8-555 148 10, +46 (0)733-87 18 10 Mats Berg, communications manager, Tel.: +46 (0)8-555 148 20, +46 (0)733-87 18 20 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/06/24/20040624BIT21280/wkr0001.pdf