Magnolia Bostad has acquired land in Sundbyberg for the development of Ursviks Torn
During June Magnolia Bostad acquired land in Ursvik, Sundbyberg for the development of Ursviks Torn, which will consist of around 180 residential units of about 10,500 m[2] GFA and about 370 m[2] for commercial premises. The number of acquired building rights was included in the reported number of building rights in Magnolia Bostad's half-year report.The acquisition of the property Sundbyberg 2:187 took place through a corporate transaction, and the seller is Hökerum Bygg. The property has a zoning plan in force and construction is expected to begin in Q1 2022.
Ursviks Torn will consist