Bonava completes its first investor transaction in Estonia
Bonava has sold a housing project with 84 apartments in Tallinn, Estonia. The buyer is Lumi Capital and the transaction is financed by LHV pension fund. The price is approximately SEK 71 million. The possibility remains of selling another 84 apartments under similar terms in an eventual second stage. The apartments are expected to be handed over to the customer and recognized in profit in the third quarter of 2021.- The sale is the first to investors in Estonia by Bonava and is proof of another step towards increasing our focus on affordable housing and the large segment of customers who