Bonava wins land allocation competition in Uppsala

Bonava has won the land allocation competition for phase 3 of Rosendal in Uppsala, Sweden. Bonava can now plan the construction of 90 apartments.

The land is located in southern Uppsala and comprises the new Rosendal district. The area is within cycling distance of Uppsala city centre, the university and Uppsala University Hospital. It is also close to local schools and shops and offers good public transport services.

-  I am pleased that we can expand our project and development rights portfolio in a prime residential location in Uppsala. This win strengthens Bonava’s portfolio of development rights, our position as an active player in the Uppsala market and opportunities for us to create new homes and happy neighbourhoods for the city, says Fredrik Hemborg, Business Unit Manager, Bonava Sweden.

Bonava will gain access to the land in 2019 and is planning to start selling the first apartments later that year.

For more information, please contact:

Bonava’s media line:

ir@bonava.com

Tel: +46 709 556 654

Bonava is a leading residential development company in Northern Europe. Born out of NCC, Bonava has been creating homes and neighbourhoods since the 1930s. Bonava has 1,600 employees and operates in Sweden, Germany, Finland, Denmark, Norway, St. Petersburg, Estonia and Latvia, with sales of SEK 13.5 billion in 2016. The Bonava share is listed on Nasdaq Stockholm.

For more information about us, visit: bonava.com

About Us

Bonava is a leading residential development company in Northern Europe. Born out of NCC, Bonava has been creating homes and neighbourhoods since the 1930s. Today, Bonava has 1,600 employees and operates in Sweden, Germany, Finland, Denmark, Norway, St. Petersburg, Estonia and Latvia, with sales of SEK 13.5 billion. The Bonava share is listed on Nasdaq Stockholm.

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