*

Hitt og þetta 26. apríl 2006

Wihlborgs Fastigheter AB acquires properties from Fastighets AB Tornet for SEK2.17bn

Nordic Business Report-April 26, 2006-Wihlborgs Fastigheter AB acquires properties from Fastighets AB Tornet for SEK2.17bn
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Swedish property company Wihlborgs Fastigheter AB said on Wednesday (26 April) that it has agreed to acquire Fastighets AB Tornet's property portfolio in Malmo, Sweden for SEK2.17bn.

The deal covers 14 properties of a total of 182,000 square metres.

As part of the deal Tornet's employees in Malmo will transfer to Wihlborgs Fastigheter.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

((Comments on this story may be sent to tww.feedback@m2.com))