The property's total floor area amounts to 62,000 square metres and includes a basement of 11,600 square metres as well as a top floor of 2,900 square metres. The property will be given a full renovation prior to the new tenant moving into the premises. Wihlborgs is investing DKK 282 million in the renovation and expects to complete the renovation in the first half of 2025.

The current rental value of the property is DKK 42 million, which will rise to DKK 56 million after the renovation.

The property is centrally located in Høje-Taastrup with direct connections to commuter and regional trains as well as the motorway network connecting Høje-Taastrup with the rest of Denmark. In addition to good transportation links, the neighbourhood also offers several nice cafés and shopping opportunities.

"Through this ambitious ten-year lease and total modernisation of the property, we are bringing new life to the neighbourhood and setting an entirely new standard. We look forward to welcoming our new tenant and to creating a safe and visionary workplace together," says Søren Kempf Holm, CEO of Wihlborgs A/S.

"The Girostrøget properties have great potential with flexible design options, being on a nice human scale and at the centre of a communication hub. This agreement entails a positive impact on the development of the entire area and we are pleased to have jointly found a solution that allows rapid access and a seamless transition from the current tenant," says Ulrika Hallengren, CEO of Wihlborgs.

Wihlborgs Fastigheter AB (publ)