Magnolia Bostad sells ownership in joint venture to Randviken
Magnolia Bostad has signed an agreement regarding the sale of its part of the joint venture company (JV) that owns the property Skogskarlen 3 in Bergshamra, Stockholm. The property, which was acquired by Magnolia Bostad in 2014, comprises an office building of about 9,000 sq.m. of rentable area.Magnolia Bostad signed an agreement in March 2018 to enter a JV with Randviken regarding the property Skogskarlen 3 in Bergshamra outside Stockholm. The company was created by Randviken indirectly acquiring half of the shares in the company. Magnolia Bostad is now divesting its half of the JV to