Magnolia Bostad develops rentals and condominiums in attractive areas, mainly in Sweden’s metropolitan regions.
The project portfolio encompasses approximately 5,000 residences distributed among approximately 25 projects. The majority of the projects will see a construction start with relatively even distribution in the next three years.
The listing is implemented with the purpose of giving the company the financial strength required to keep the project portfolio growing during the coming years. A listing on First North also strengthens Magnolia Bostad’s conditions on the capital market and contributes to an increased profiling among the general public as well as the company’s current and potential customers.
Pareto Securities is the Sole Manager and book runner for the offer.
Another Swedish Company Aims for Stock Market
Sweden —
The stock market scramble among Swedish real estate companies continues. Most recently the housing developers Magnolia Bostad, with sights set on a listing this summer.
2015-05-08
Eddie Ekberg
[email protected]