Bonava acquires land for 550 affordable housing units in Västerås
Bonava has concluded an agreement for the acquisition of land from the municipal property company Mimer at Öster Mälarstrand in Västerås, Sweden. The site is located in an area where Bonava will construct about 550 housing units. Construction is scheduled to commence in 2019.The area is connected with the development of Öster Mälarstrand in Västerås as the city’s new waterfront neighbourhood. The new housing units will help to link the new city district to existing buildings. - I am pleased that we can expand our project and development rights portfolio for affordable rental apartments