Magnolia Bostad signs agreement to acquire land in Nacka
Magnolia Bostad has signed an agreement to acquire parts of the property Orminge 46:1 in the Orminge centre, Nacka municipality, comprising 10 400 sq.m. GFA. In direct connection with the land, Magnolia Bostad already has a land reservation agreement of 4,700 sq.m. GFA. Magnolia Bostad plans to develop around 200 residential units and 72 residential care units at the properties.The acquisition will take place in two separate corporate transactions and the seller is Rikshem. The transactions are conditional on, among other things, zoning plans coming into force, which is expected to take