Magnolia Bostad buys out JV partner in Partille to develop residential and retail units
Magnolia Bostad has acquired the entire property Partille 11:61 with a zoning plan in force, in the new district Partille Port. It is planned that the property will have around 200 residential units with 12,300 sq.m. GFA plus retail units and an underground garage of 3,000 sq.m. GFA.Magnolia Bostad already owned half of the property, where 54 residential care units were planned with retail units on the ground floor. We are now acquiring the remaining part of the property and are planning to develop around 200 residential units instead of residential care units. In addition to the