Wihlborgs

Wihlborgs has redeemed the leasehold rights to Börshuset 1 and Flundran 1 through an exchange transaction with Malmö Municipality.

In the same exchange transaction, Malmö Municipality is redeeming the buildings in the leasehold property Gäddan 6, a property that is of strategic importance ahead of the proposed development of the district on Universitetsholmen. The parties will take possession of the properties on
1 February 2013. Wihlborgs is paying the sum of SEK 15 million in settlement. 

“Owning a property with leasehold rights always involves some uncertainty as regards, for example, the future size of the rent. Wihlborgs is taking a long-term view in its actions and wants to have control over its costs," says Anders Jarl, CEO of Wihlborgs Fastigheter. “Ownership also makes any decisions on future development easier.”

Wihlborgs Fastigheter AB (publ)

For further information please contact
Anders Jarl, CEO, +46 (0)40 690 57 10, +46 (0)733 71 17 10
Christer Johansson, CFO, +46 (0)40 690 57 06, +46 (0)733 71 17 06
Iréne Johansson, Information Manager, +46 (0)40 690 57 21, +46 (0)733 71 17 21

Wihlborgs Fastigheter AB (publ) is a property company specialising in commercial property in the Öresund region. Its property portfolio is in Malmö, Helsingborg, Lund and Copenhagen. Wihlborgs is the leading property company in Malmö, Helsingborg and Lund. The book value of its properties is SEK 16.7 billion, with an annual rental value of SEK 1.5 billion.
The Wihlborgs share is listed on NASDAQ OMX Stockholm, Mid Cap segment