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BRIEF-Magnolia Bostad sells another 325 apartments in central Uppsala
June 28, 2017 / 5:08 AM / 5 months ago

BRIEF-Magnolia Bostad sells another 325 apartments in central Uppsala

June 28 (Reuters) - MAGNOLIA BOSTAD AB

* MAGNOLIA BOSTAD SELLS ANOTHER 325 APARTMENTS IN CENTRAL UPPSALA, THE FIRST PROJECT IN THE FRAMEWORK AGREEMENT WITH SLÄTTÖ

* ‍BUYER IS SLÄTTÖ AND SALE IS MADE THROUGH COMPANY TRANSFERS.​

* TOTAL REAL ESTATE VALUE ON COMPLETION IS ESTIMATED AT APPROXIMATELY SEK 675 MILLION

* NCC IS SIGNED AS CONTRACTOR AND CONSTRUCTION START IS PLANNED FOR Q3 OF 2018 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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