Wihlborgs agrees to acquire Castellum’s South Sweden portfolio
Wihlborgs has signed an agreement with Castellum to acquire all of Castellum’s property holdings in Malmö, Lund and Helsingborg. The acquisition comprises 95 properties and 635,000 square metres of lettable space, and is being conducted in the form of a business combination at an underlying property value of SEK 13.3 billion. Wihlborgs purpose with this acquisition is to complement its portfolio in the Öresund region with a broader range of premises. This will create new opportunities for tenants to grow while also improving the conditions for Wihlborgs’ long-term growth, also in a period