Wihlborgs Buys in Lund and Copenhagen
Nordic Wihlborgs opened the year with the acquisition of two properties in Lund and two in the Copenhagen area.
The investment property has a lettable area of around 4,900 square meters and is essentially fully let. At Raffinaderiet 5, a smaller office building of about 1,800 square meters is being constructed, which is expected to be ready for occupancy in the fourth quarter of 2019. The properties were acquired through a company transaction and possession was taken on February 1st 2018.
“The properties are in a strategic location and strengthen Wihlborgs’ position in Lund. There is strong demand for modern office space in central Lund, and it is therefore particularly pleasing that we can offer smaller office premises in the newly constructed office building,” says Anders Jarl, CEO of Wihlborgs Fastigheter.
In January, Wihlborgs acquired the Mileparken 9–11 property in Skovlunde, comprising 5,000 square meters, and the Blokken 84 property, comprising 8,600 square meters, in Birkeröd, both in Denmark. The properties are essentially fully let.
“The acquisition is in line with our strategy to expand in areas where we are already active and that complement our Danish portfolio,” says Anders Jarl.
The acquisitions in Lund and Copenhagen total approximately EUR 20M.
Maria Olsson Äärlaht