Serneke signs major agreement with Magnolia Bostad
Serneke has signed a turnkey contract with Magnolia Bostad for the construction of apartments in the Stora Råbylund neighborhood in Lund, southern Sweden. The contract is valued at approximately SEK 840 million.The 783 apartments will be constructed commencing in the autumn of 2020, on a plot of nearly 30,000 square meters in Stora Råbylund, in the eastern part of Lund. The multi-family dwellings will be divided between 12 buildings of four to six stories each. Three underground parking garages, ground-level parking facilities and park areas will also be constructed and prepared at the site.