Magnolia Bostad and Heimstaden Bostad form JV for the development of residencies in Upplands-Bro
Magnolia Bostad and Heimstaden Bostad have formed a joint venture with the aim of jointly developing around 800 residencies in the new southern part of Bro, in Upplands-Bro municipality. The land was owned by Magnolia Bostad and is being acquired by the joint venture company.The joint venture has entered into an agreement to acquire part of Magnolia Bostad's Brogårdstaden project in the southern part of Bro, in Upplands-Bro municipality. The land has legally binding zoning planning and the buildings will consist of residential apartments in multi-dwelling buildings and small houses