Magnolia Bostad sells more than 300 rental apartments to SEB’s housing fund Domestica II
The properties being sold are Vallentuna-Åby 1:94 and Vallentuna-Åby 1:149, and the sale is made through company transfers at a price of approximately SEK 100 million. Magnolia Bostad will develop and manage the project all the way through, until the homes are ready for occupancy. The property value at completion will be about SEK 500 million. The deal is conditional upon the buyer’s financing. Åby Ängar is a new residential area, centrally located in Vallentuna and close to Vallentuna Centrum as well as the Roslagsbanan light railway. The project involves space-effective apartments