Forms New Company to Develop in Malmö

Sweden Sweden MKB, Skanska and Tornet forms new company to develop a new neighborhood in Malmö.

2019-03-13

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MKB Fastighets AB has formed a jointly owned company with Skanska Sverige AB and Tornet Bostadsproduktion AB. Together, the company will develop the area in Malmö where the Jägersro trotting track is today.

The ambition is to build 4,000–5,000 homes - a mix of apartment blocks with condominiums and rental apartments and townhouses. There will also be room for commercial activities such as service and business premises, as well as for public services such as schools, preschools, retirement homes, parking garages and more - all to create a vibrant neighborhood.

The area's current identity is largely based on equestrian sports and other sports and on the vicinity of nature. The new district takes advantage of the location and the place's natural, green conditions and combines it with the modern technology's most exciting opportunities in digitization, communication and logistics. It is also short distances and good communications between the new district and the rest of Malmö.

The entire project assumes that the Skåne Trot Society will receive building permits for its planned facility east of the current trotting track.

The work on developing the area starts immediately, with the ambition that the construction start will take place as soon as possible. The area is then built in stages and is expected to be completed by 2040–2050.

The new company will develop the area and create ready-made building rights, which it then distributes and sells, mainly to the three owners but also externally. However, the company will not invest in buildings itself, but only in infrastructure: streets, pipes etc.

A fundamental step for the development is to develop a sustainable neighborhood, and the area will become a platform for accelerated development of sustainable construction. Here, three strong players with high ambitions can realize their visions of future-oriented, climate-neutral solutions.




Axel Ohlsson
axel@nordicpropertynews.com




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