The property, which is located in the area around Lindens torg in central Kungsbacka, has a zoning plan in force and the acquisition will take place through a corporate transaction. The existing characteristics in Kungsbacka will be preserved through carefully designed buildings well rooted in both older and newer buildings. The new blocks will have varying facades in brick and wood and different floor heights. The residencies will be certified according to the
"This will be our first construction start in Kungsbacka municipality and we are very much looking forward to our continued cooperation with the municipality. We will develop beautiful, modern homes in the attractive and expanding Kungsbacka area," says Niklas Ohldin, Western Regional Director.
Kungsbacka is growing and there is huge demand for central housing. The densification of the Lindens park area has created new characteristic growth rings in the centre by expanding the existing neighbourhood structure with more homes and businesses. Central Göteborg can be reached in 20 minutes by commuter train from central Kungsbacka.
For more information, please contact:
Niklas Ohldin, Western Regional Director
+46 76 838 00 99, niklas.ohldin@magnoliabostad.se
Marita Björk, IR and Financial Media Manager
+46 72 720 00 06, marita.bjork@magnoliabostad.se
https://news.cision.com/magnolia-bostad-ab/r/magnolia-bostad-acquires-land-in-kungsbacka,c3372938
https://mb.cision.com/Main/12686/3372938/1435996.pdf
https://news.cision.com/magnolia-bostad-ab/i/representation-kungsbacka,c2928835
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