Wihlborgs Sells in Helsingborg

Regulatory News:

Wihlborgs (STO:WIHL) has today entered into an agreement to sell the property Belgien Norra 19 in Helsingborg. The property will be sold to Jefast in the form of a company transaction. The agreed property price is SEK 187.5 million. Surrender will occur on 2 May 2016.

The property comprises 9 000 m² lettable area, which is fully let. The property, which is a mixed property, include residential, health care facilities and retail. Capio, Fonus, Prosecution Authorities and Life are some examples of tenants.

- Wihlborgs core business is commercial properties, which makes this property with its large amount of residential, divergent in our portfolio, says Anders Jarl, CEO of Wihlborgs Fastigheter. The strong market climate has led to the assessment that now is the right time for Wihlborgs to carry out this divestment and further concentrate the portfolio towards our core areas.

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 for the Company’s properties totals SEK 28,6 billion. The annual rental value of the properties is SEK 2,3 billion. Wihlborgs shares are quoted on the Large Cap List of the Nasdaq Stockholm.

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