Wihlborgs sells 10 properties for SEK 223 million (SE)

Wihlborgs Fastigheter has sold ten properties for a total of SEK 223 million. The profit of SEK 20 million will be included in the result for the fourth quarter of 2004.

'There is a strong interest in property-related business and we expect that the activity will remain at a high level during 2005 ,' says Erik Paulsson, President and CEO of Wihlborgs Fastigheter.

Wihlborgs has acquired two properties, in Malmö and Helsingborg respectively, for a total of SEK 56 million.

Source: Wihlborgs

Related News