Bonava purchases land and creates neighbourhood for 450 homes in Germany
Bonava has entered an agreement with land development company Hugos Wohngärten GmbH to acquire land at a price of approximately SEK 490 M in Mariendorf, Berlin. A total of 450 housing units with mixed forms of tenure will be created.The properties are located close to public transport, enabling future residents fast access to the centre of Berlin, which is only 14 kilometres away. The area is well-served by schools, shops and public transport, with good connections to Berlin’s airports. - Berlin is growing, and neighbourhoods with affordable housing for people at different stages of life