Bonava sells two rental projects in Dresden and Leipzig, Germany
Bonava is selling two rental projects in Dresden and Leipzig, Germany, to the property company Industria Wohnen. The transaction encompasses a total of 181 rental apartments. The total sales price amounts to approximately SEK 475 million. The project in Dresden encompasses 116 apartments while the Leipzig project includes 65 apartments. The transactions will be recognised in profit during the second quarter of 2021 and the fourth quarter of 2020.- Both Dresden and Leipzig are expanding and demand for well-planned rental apartments is high. In Dresden, this is the first time we are selling