Magnolia Bostad has acquired land in Svedala, Skåne
Magnolia Bostad has acquired land in Svedala municipality, for the development of residential units of about 13,000 m2 GFA. The property is located in the north-eastern part of Svedala.
The acquisition took place as a corporate transaction and refers to the Svedala 29: 1 and Svedala 29: 2 properties. The acquisition is conditional on the zoning plan coming into force, which is expected to take place in early 2024.
The area is attractively located close to central Svedala and the E65, and is less than a kilometre from Svedala station where the regional train system Pågatågen takes about 20 minutes to reach Malmö.
"The acquisition is a natural continuation of Magnolia Bostad's development in the southern region. We are pleased that we will be able to develop attractive housing in Svedala," says Mats Nilsson, Southern Regional Director.
For more information, please contact:
Mats Nilsson, Southern Regional Director
+46 70 233 09 45, mats.nilsson@magnoliabostad.se
Marita Björk, IR and Financial Media Manager
+46 72 720 00 06, marita.bjork@magnoliabostad.se
Magnolia Bostad AB, CIN 556797–7078, is a leading urban developer that develops new residential properties primarily rental apartments but also tenant-owned apartments, community service properties and hotels, in attractive locations in Sweden's growth areas and major cities. Housing is being developed both for sale and for self-management. Our work is based on a holistic approach where the operations are conducted in a way that promotes long-term, sustainable urban development. More information is available at www.magnoliabostad.se