Magnolia Bostad enters into an agreement concerning a project of 275 apartments in Arlöv city centre
Magnolia Bostad signs an agreement with Heimstaden Bostad concerning the sale of the project Fasanen located in central Arlöv, in Burlöv municipality. The deal comprises the construction of approximately 275 rental apartments.The sale relates to the properties Burlöv Arlöv 20:58 et al and is made through company transfers. Estimated property value upon completion is estimated to amount to approximately 400 MSEK. Magnolia Bostad announced in a press release on September 30, 2017 the sale of this project, subject to certain conditions for the sale which were not met. The project has now been