Bonava acquires approximately 870 building rights in Germany
Bonava has signed several agreements to acquire approx. 560 building rights in Berlin and 310 building rights near Leipzig. The transactions amount to 84 MEUR and the investments relate to consumer and rental housing projects. The production is initially scheduled to start for the Berlin project in 2023 and for the Leipzig projects in the fourth quarter 2022, with most of the production volume planned for 2024 and onwards.– By now closing deals that we have been working on for some time, we are continuing to strengthen our growing land bank in Germany - our largest and most important