Wihlborgs takes 95 properties as Arctic targets Wihlborgs stock at SEK 95.00

Published on 10/05/2026 at 13:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Wihlborgs stock was EUR 6.16 on October 5, 2026 versus EUR 6.11. Second-quarter rental income rose 7 percent to SEK 1.174 billion.

Modernes Glasbürogebäude am Wasser mit Öresundbrücke im Hintergrund, blauer Himmel — Wihlborgs Fastigheter AB (SE0011205196) besitzt moderne Bürogebäude nahe der Öresundbrücke zwischen Malmö und Kopenhagen, Illustration mit AI erstellt.

Wihlborgs stock (ISIN SE0018012635) was trading at EUR 6.16 at Lang & Schwarz on October 5, 2026 at 1:00 p.m. CEST, up 0.82 percent versus the prior close of EUR 6.11. On October 1, 2026, Cision reported that Wihlborgs took possession of 95 Castellum properties valued at SEK 13.3 billion, while MarketScreener reported Arctic Securities' September 16, 2026 initiation with a Buy rating and a SEK 95.00 target for Wihlborgs stock.

Largest acquisition enters integration

The acquisition adds 635,000 square meters in Malmo, Lund and Helsingborg, making it the largest transaction in Wihlborgs' history. The acquired portfolio has an 85.00 percent occupancy rate, leaving vacant space for leasing and redevelopment.

The strategic logic is concentration rather than geographic expansion. Wihlborgs already operates in the three cities, so integration can use its existing leasing and property-management organization. The portfolio's 85.00 percent occupancy also trails the company's 89.00 percent occupancy excluding projects and land at the end of June 2026.

Second-quarter income keeps growing

The Q2 2026 transcript reports rental income of SEK 1.174 billion, up 7.00 percent from the second quarter of 2025. Operating surplus reached SEK 864.0 million, up 6.00 percent, while income from property management rose 6.00 percent to SEK 556.0 million, according to Yahoo Finance.

For the first half of 2026, rental income increased 8.00 percent to SEK 2.324 billion, operating surplus rose 8.00 percent to SEK 1.664 billion and income from property management grew 9.00 percent to SEK 1.077 billion. The same transcript puts net debt to earnings before interest, taxes, depreciation and amortization at 10.7 times, a key balance-sheet measure as the acquisition is integrated.

Analyst optimism meets leverage

Arctic's SEK 95.00 target contrasts with a separate September 4, 2026 update reported by Affarsvarlden, in which Kempen cut its rating from Neutral to Sell and set a SEK 70.00 target. The split reflects the central investor question: operating growth must absorb the financing and integration demands of the new portfolio.

Wihlborgs' investor-relations calendar schedules the January to September 2026 interim report for October 21, 2026, at 7:00 a.m. CEST. The report should provide the first formal view of leasing activity and financing after possession of the Castellum properties.

Stock stays below yearly high

A separate Nasdaq Stockholm quote was SEK 69.20 on October 5, 2026 at 1:03 p.m. CEST, against a 52-week range of SEK 68.00 to SEK 99.25 and market capitalization of SEK 21.3 billion. The reference euro quote from Lang & Schwarz was EUR 6.16, plus 0.82 percent versus the EUR 6.11 prior close of October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Wihlborgs stock.