Wihlborgs acquires property in central Helsingborg

Through a company transaction on 30 November, Wihlborgs acquired the Kalifornien 11 property in central Helsingborg, thereby further strengthening its position in the area. The property is located adjacent to the Knutpunkten transport node.

The company was acquired from Hälsingborgs Byggmästares Bostads AB at an agreed property value of SEK 157.5 million. The property has a lettable area of around 6,500 m², mainly comprising office and educational premises, and is fully let.

“We are pleased with our acquisition that occupies a strategic location in central Helsingborg. The property is a good fit for our portfolio and, at the same time, strengthens Wihlborgs’ position as the leading property owner in Helsingborg,” says Anders Jarl, CEO of Wihlborgs Fastigheter.

“We are very pleased to be able to hand over the future management of the property to such a stable company as Wihlborgs. We have historic links with the property and it means a lot to us. Moving forward, we intend to focus on the management of residential property, which is a more appropriate long-term fit for our association,” says Dick Persson, Chairman of Hälsingborgs Byggmästareförening.

Wihlborgs Fastigheter AB (publ)

Wihlborgs Fastigheter AB (publ) is a property company that focuses on commercial properties in the Öresund region. Its property portfolio is located in Malmö, Helsingborg, Lund and Copenhagen.
In Malmö, Lund and Helsingborg, Wihlborgs is the leading property company.

The book value of the company’s properties totals SEK 37 billion. The annual rental value of the properties is SEK 2.6 billion.

Wihlborgs’ shares are listed on the Large Cap List of Nasdaq Stockholm.