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2016-12-20

Wihlborgs Fastigheter AB: Wihlborgs signs lease with the City of Malmö

Wihlborgs has signed a nine-year lease with the City of Malmö for a
further 1,700 m2 in the Nora 11 property on Drottninggatan in Malmö.
The property's office space is now fully let.

The new agreement applies for additional office space for the City of
Malmö's social services administration, which already leases 7,800 m2
at the property. Renovation and redevelopment is ongoing and the
premises should be occupancy ready on 1 July 2017.

"We are delighted that the City of Malmö, which is one of our largest
tenants, has chosen to continue its partnership with Wihlborgs.
Signing a long-term lease means additional security for both
parties," says Anders Jarl, CEO of Wihlborgs Fastigheter.

Wihlborgs acquired Nora 11 in July 2015. Other tenants at the property
include the Swedish Tax Agency, which leases about 17,000 m2 of
office space.

Wihlborgs Fastigheter AB (publ)

Anders Jarl, CEO, +46 (0)40 690 57 10
Lennart Jönsson, Regional Director, Tel: +46 (0)40 690 57 35

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/wihlborgs-signs-lease-...
http://mb.cision.com/Main/890/2154188/606517.pdf

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