Bonava acquires land and creates new neighbourhood in Langen, Germany
Bonava is entering into agreements for the acquisition of land from a number of sellers at a total price of approximately SEK 140 M to SEK 190 M. The properties are located in Langen near Frankfurt am Main, an area where Bonava will develop homes in the form of apartment blocks, row houses and semi-detached houses.The land is located some 20 kilometres from Frankfurt am Main. With good infrastructure connections to both Frankfurt and Darmstadt, Langen is an ideal residential area for commuters working in either of the cities or at Frankfurt Airport. The area is located close to schools,