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2016-11-02

Wihlborgs Fastigheter AB: Continental signs lease with Wihlborgs at Ideon

Continental has concluded a lease agreement with Wihlborgs for it to
establish operations at Ideon in Lund, Sweden.

The agreement is for 800 square metres of office space in Delta 5.
Volvo Cars has also moved into the premises.

"We're seeing a very positive trend at Ideon, with strong demand from
new tenants, as well as from our existing tenants who are looking to
grow and need more space. Not only is this something that we're
pleased to see, it's also positive for Ideon as a whole and for
development in Lund," says Anders Jarl, CEO of Wihlborgs Fastigheter.

Several companies linked to the automotive industry have already moved
into Ideon this year. In addition to this new agreement with
Continental, Wihlborgs has concluded agreements with Bosch - which
makes software for the automotive industry - Volvo Cars, and Uniti,
which is developing a completely new Swedish electric car.

Wihlborgs Fastigheter AB (publ)

Anders Jarl, CEO, Tel: +46 (0)40 690 57 10
Magnus Andersson, Property Director, +46 (0)40 690 57 28

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 31 billion. The
annual rental value of the properties is SEK 2.3 billion. Wihlborgs
shares are quoted on the Large Cap List of Nasdaq Stockholm.

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http://news.cision.com/wihlborgs-fastigheter-ab/r/continental-signs-leas...
http://mb.cision.com/Main/890/2113383/583522.pdf

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