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Wihlborgs sells in Helsingborg

Wihlborgs has sold the property Runristaren 1 in Helsingborg. The property is situated close to the southern city entrance of Helsingborg and has recently undergone a major rebuilding. The area comprises 7,300 sq.m. of retail premises, of which the largest area is rented by City Gross. The sale price is SEK 110 million, the sale is a company transaction and the purchaser is Aberdeen Property Investors. The purchaser will take possession of the property on July 1 2008. Catella has been the adviser through the transaction.

– During the recent years we, together with our tenant, has converted the property into a modern and efficient trading facility, says Anders Jarl CEO of Wihlborgs Fastigheter AB. Since Wihlborgs is specialized in offices and warehouse facilities and owns few trading facilities, we considered Runristaren 1 ready to be sold, finishes Anders Jarl.

The selling price will exceed the accumulated acquisition value by SEK 49m.

Wihlborgs Fastigheter AB (publ)

For further information contact:

Anders Jarl, CEO, +46 40-690 57 10, +46 733-71 17 10
Christer Johansson, CFO, +46 40-690 57 06, +46 733-71 17 06
Iréne Johansson, Information Manager, +46 40-690 57 21, +46 733-71 17 21

Wihlborgs Fastigheter AB (publ) is a property company that focuses on commercial properties in the Öresund region. Its stock of properties is located in Malmö, Helsingborg, Lund and Copenhagen.
Wihlborgs is the leading property company in Malmö and Helsingborg.
The properties book value totals SEK 13,4 billion with an annual rental value of SEK 1,2 billion.
Wihlborgs shares are listed on the Stockholm Stock Exchange, Midcap segment.

 

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