Magnolia Bostad signs agreement to acquire property in Bunkeflostrand, Malmö Municipality
Magnolia Bostad signs agreement to acquire the property Malmö Limhamn 155:355 in Bunkeflostrand, Limhamn. The property comprises approximately 92,000 sqm of land and Magnolia Bostad will drive the local plan to construct approximately 1,000 homes.The sale will be conducted through company transfers and the seller is HeidelbergCement Sweden AB. The local plan presently allows for offices and homes. Magnolia Bostad is planning to begin work on a revised plan for additional housing in the first quarter of 2017. Access takes place when the local plan goes into effect and purchase price is