NCC to build rental units for Magnolia for SEK 450 million
NCC is to build a total of 401 rental units for Magnolia Bostads AB. One of the housing projects comprises 268 apartments in Norrköping and the second is for 133 apartments in Kungsängen, Upplands Bro. The total order value is approximately SEK 450 million.In Norrköping, the rental units are to be built close to the soccer arena of IFK Norrköping. The buildings are being built according to NCC’s Folkboende and P303 proprietary concepts, which are affordable apartments characterized by good quality and design, as well as low energy consumption.
“Norrköping will now receive a significant