Bonava is selling a rental project in Bergen to a Norwegian housing company. The transaction encompasses 94 apartments and the price amounts to approximate MSEK 211 (EUR 24M). The project is expected to be handed over to the investor and recognised in profit in the third quarter of 2020.
Bonava is selling two rental projects in Dresden and Leipzig, Germany, to the property company Industria Wohnen. The transaction encompasses a total of 181 rental apartments. The total sales price amounts to approximately MSEK 475 (EUR 46M). The project in Dresden encompasses 116 apartments while the Leipzig project includes 65 apartments. The transactions will be recognised in profit during the second quarter of 2021 and the fourth quarter of 2020.
Bonava is selling a rental project in Espoo and Vantaa in the Helsinki Metropolitan Area to the investor Icecapital. The transaction encompasses a total of 91 rental apartments.
Bonava is selling a rental project in the Køge Kyst district outside Copenhagen, Denmark. The purchaser is the PFA Ejendomme A/S pension fund, and the transaction covers two projects with a total of 137 rental apartments. The projects are expected to be handed over to the customer and recognised in the second respectively the fourth quarter 2020.
Bonava is selling a rental project in the Kivistö district of Vantaa, Finland. The purchaser is the investor Icecapital Housing Fund IV Ky and the transaction encompasses 110 rental apartments.
Bonava is selling a rental project in Lielahti, Tampere. The buyer is the investor Localtapiola Real Estate Ltd and the transaction encompasses 106 rental apartments.
Based on the number of newly constructed apartments registered and sold, Bonava Latvia has become the country’s largest residential development company, according to aggregate property market data. These results were taken from the annual market survey Residential Market Report. Riga City and other regions. 2017 Q4, performed by the property company Latio, which compiles and compares figures for various players in the industry.
Bonava has carried out an investor transaction in Vantaa. The purchaser was the investor Icecapital Housing Fund IV Ky and the transaction encompassed 75 rental apartments.
Bonava is selling a residential project in Berlin, Germany, to the housing company Gewobag. This is the first project sold to Gewobag and consists of 71 rental apartments and four commercial premises. The sale price totals about MSEK 120 (EUR 12M).
Bonava has sold a housing project in Bergen to the investor Utleiebolig AS. The project consists of 70 rental apartments.
Bonava is selling 119 rental apartments in Perrkka, Espoo, to the investor OP-Rental Yield.
Bonava has made an acquisition deal for land in Bergen at the price of approximately EUR 28M. The plan is to erect approximately 300 apartments.
Bonava is selling a rental project in Espoo, Finland, to the investor Ice Capital Housing Fund IV Ky. The project comprises 78 rental apartments in a single property.
Bonava has concluded an agreement for the acquisition of land from Askøy Tomteselskap. The properties are located near Kleppestø Centre and Askøybron, Norway, an area for which Bonava will pursue a zoning process to construct about 480 homes.
Bonava is selling the Tobaksmonopolet 3 property in the Södermalm district of Stockholm to CA Fastigheter and Panorama Bostad.
Bonava is to sell two housing projects in the Hyllie and Elinegård districts in Malmö to Willhem. At the same time Bonava sells a project in Nacka to Hefab.
Bonava has sold a housing project in Copenhagen, Denmark, to the property company Balder for approximately MSEK 224 (€23,5M). The project consists of 74 rental apartments.