Magnolia Bostad has sold 200 residential units in Västra Ursvik
Magnolia Bostad has sold 200 rental residential units in the Västra Ursvik district in Sundbyberg to CBRE Global Investors. The project consists of around 12,500 m[2] GFA for accommodation as well as around 300 m[2] GFA of commercial premises and 73 garage spaces. The estimated property value upon completion is around SEK 588 million.The sale concerns the Sundbyberg 2:185 property and will take place as a corporate transaction. The project is Magnolia Bostad's first sale to CBRE Global Investors and a turnkey contract has been signed with Mecon Bygg AB. The project in Västra Ursvik has a