Magnolia Bostad has acquired land in Svedala, Skåne
Magnolia Bostad has acquired land in Svedala municipality, for the development of residential units of about 13,000 m[2] GFA. The property is located in the north-eastern part of Svedala.The acquisition took place as a corporate transaction and refers to the Svedala 29: 1 and Svedala 29: 2 properties. The acquisition is conditional on the zoning plan coming into force, which is expected to take place in early 2024. The area is attractively located close to central Svedala and the E65, and is less than a kilometre from Svedala station where the regional train system Pågatågen takes about