Wihlborgs CEO Ulrika Hallengren has purchased 10,000 shares in the Swedish real estate company, a transaction valued at just under SEK 0.8 million.
The insider buying comes as the firm navigates a significant expansion through its acquisition of Castellum's properties in the Skåne region.
Wihlborgs is acquiring Castellum's Skåne portfolio for approximately SEK 13 billion, a move driven by Castellum's desire to divest assets yielding below its target returns.
The purchase underscores management's conviction in the strategic rationale behind the deal, which was announced earlier this year.
Wihlborgs is acquiring Castellum's Skåne portfolio for approximately SEK 13 billion, a move driven by Castellum's desire to divest assets yielding below its target returns.
Despite the region facing high vacancy rates, Hallengren has publicly stated that Wihlborgs expects to turn the portfolio around and deliver value.
Handelsbanken analysts have previously identified potential upside for both Wihlborgs and Castellum following the deal announcement.