Magnolia Bostad and Slättö form JV for developing housing and residential care facilities
The newly formed joint venture (JV) will be developing housing and residential care facilities for long-term ownership and management. In the first phase, the JV company acquires five projects, whereof four from Magnolia Bostad. The JV is expected initially to comprise up to 800 residential units.The four projects from Magnolia Bostad are located in Örebro, Eskilstuna, Östersund and Luleå. All the properties will be environmentally certified in accordance with the Sweden Green Building standards and several of the projects will be constructed as wooden housing. All residential units will be