Magnolia Bostad forms JV with KF Fastigheter and acquires land in Upplands-Bro
Magnolia Bostad forms a JV with KF Fastigheter for the joint development of land in a new residential area by Lake Mälaren in Upplands-Bro municipality. In total, around 950 residential units with 80,000 m[2 ]of GFA will be developed.Magnolia Bostad and KF Fastigheter have formed a JV company through Magnolia Bostad buying 50% of the Group that is currently owned by KF, which includes the properties. The building rights are well-situated in Bro Mälarstrand and many residencia units have a view overlooking Lake Mälaren. The area will also include a marina, a promenade with jetties and a