The contract negotiation with Wihlborgs A/S has been very interesting resulting in the mutual agreement of a business lease scheduled to take effect on 1 May 2024.
The forthcoming extensive renovations of the office premises planned to commence in 2024 and are expected to conclude in the first half of 2025, signify a substantial investment of approximately 282 million DKK by Wihlborgs A/S. This strategic move involving the takeover of 62,000 square meters from Danske Bank and the subsequent renovation positions Wihlborgs A/S as a prominent entity within the property industry.
"With 62,000 sqm taken over from Danske Bank and a comprehensive renovation worth DKK +282 million, Wihlborgs A/S is underlining its leading position in the region. It has been an intense process to conclude the complex agreements on the transfer of the lease from Danske Bank and the forthcoming renovation of the lease. I appreciate the close and good collaboration we have had with Wihlborgs to secure the best solution for them," says Niels Gram, attorney, and partner at Lundgrens.
We anticipate with enthusiasm the positive impact that such a substantial lease coupled with associated renovations will bring to the local area.
The dedicated team from Lundgrens, including Niels Gram and Benjamin Otzen-Thidemann, played a pivotal role in facilitating this transaction. We extend our gratitude to all parties involved.
Photo: Wihlborgs A/S
