The office building was acquired for a consideration of DKK 38 million. The site encompasses just over 8,800 square metres and the lettable area of approximately 7,600 square metres is allocated across three buildings. Warehouses comprise 1,400 square metres and the rest is office space.

Wihlborgs will immediately commence planning and redevelopment ahead of occupancy on 1 July. The goal of the redevelopment is to offer a modern, flexible office building for multiple tenants. The total estimated rental value after redevelopment is DKK 6.5 million.

The property is in an area where Wihlborgs is already represented and will be included in Wihlborgs’ existing maintenance and management organisation. There is a great deal of interest in the nearby Mileparken 22 property and several premises have waiting lists. 

“Vasekær is an exciting development project for us, with the opportunity to set the Wihlborgs seal on the building. Wihlborgs already has a strong position in Herlev, where we’re helping develop a modern, attractive business district,” says Ulrika Hallengren, CEO of Wihlborgs.

Wihlborgs has also acquired the Bregnerødvej 140-144 property in Birkerød, Rudersdal Municipality, north of Copenhagen. The property will be Wihlborgs’ fourth in the same municipality. 

The office property was acquired for a consideration of DKK 73.5 million and occupancy took place on 1 December. The site encompasses just over 15,000 square metres and the lettable area of approximately 7,148 square metres is allocated across four buildings. The total rental income amounts to DKK 4.9 million and the rental value to DKK 6.2 million.

The property is 80 percent let, with NKT Photonics A/S as the largest tenant. NKT Photonics A/S is also the second largest tenant in Wihlborgs’ nearby property Blokken 84. Wihlborgs has two additional properties in Rudersdal Municipality. 

“Bregnerødvej is an excellent complement to our existing portfolio in the same area. Since we already have our own organisation on site, we can offer customer’s efficient property management and a high level of flexibility. Strengthening our relationship with NKT Photonics A/S, an important tenant for us, is also positive,” says Ulrika Hallengren.