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ARTICLES TAGGED WITH "Magnolia Bostad"

Start of Zoning Plan Work for a New Marine District in Huddinge

Sweden Sweden — Magnolia Bostad plans to develop about 2,000 residential units, including a nursery school, residential care units, shops, a restaurant and hotel at Vårby Udde, Huddinge's new marine district.

Magnolia Bostad and Slättö Form JV

Sweden Sweden — Magnolia Bostad and Slättö form JV for developing housing and residential care facilities.

Magnolia Bostad Signs Agreement on Acquisition of Land in Karlstad

Sweden Sweden — Magnolia Bostad has signed an agreement to acquire part of the Tullholmssågen 4 property in Karlstad municipality. Magnolia Bostad plans to develop the property into about 430 residential units of 25,500 square meters GFA.

Magnolia Bostad Signs Agreement to Acquire Land Outside Stockholm

Sweden Sweden — Magnolia Bostad has signed an agreement to acquire parts of the property Orminge 46:1 in the Orminge centre, Nacka municipality, comprising 10,400 sq.m. GFA.

Magnolia Bostad and Heimstaden Bostad Acquires Land – Forms JV

Sweden Sweden — Magnolia Bostad and Heimstaden Bostad have formed a joint venture aimed at jointly developing about 150,000 square meters of GFA housing in Näsängen, a seaside area in Åkersberga, Österåker municipality.

The Nordic Real Estate Companies’ ICR Levels in Q2

Nordic — Nordic Property News presents figures on the interest cover ratios for the listed Nordic real estate companies.

Magnolia Sells Ownership in JV to Randviken

Sweden Sweden — Magnolia Bostad has signed an agreement regarding the sale of its part of the joint venture company that owns the property Skogskarlen 3 in Bergshamra, Stockholm.

The Nordic Real Estate Companies’ ICR Levels in Q1

Nordic — Nordic Property News presents figures on the interest cover ratios for the listed Nordic real estate companies.

The Companies with the Highest ICR

Nordic — Nordic Property News presents the interest coverage ratio for the Nordic real estate companies.

Magnolia Sells to Slättö

Sweden Sweden — Magnolia Bostad signed an agreement for the sale to Slättö of around 650 residences in Bro, Upplands-Bro municipality. The value at completion is expected to amount to around EUR 113M.

Magnolia Sells to Genova

Sweden Sweden — Magnolia Bostad has entered an agreement regarding the divestment of the Instrumentet 2 property in Örnsberg, Stockholm, with a total leasable area of approximately 6,000 square meters.

"Lack of Transparency Behind Developers' Struggles"

Sweden Sweden — After a turbulent autumn and winter, Magnolia Bostad's CEO, Fredrik Lidjan, criticizes the lack of transparency regarding land prices.

Magnolia Divests 430 Apartments in Hyllie

Sweden Sweden — Magnolia Bostad divests a project encompassing the Valhall 1 property located in Hyllie, Malmö. The deal encompasses the erection of approximately 430 rental units and a larger grocery store.

Continued Divestment for Magnolia

Sweden Sweden — Magnolia Bostad divests the Fasanen project located in Central Arlöv, Burlöv’s municipality, encompassing 275 rental units. The divestment refers to, among others, the Burlöv Arlöv 20:58 property and the property value upon completion is estimated to approximately EUR 49M.

NCC to Build 644 Apartments in Uppsala

Sweden Sweden — NCC has been commissioned to construct an additional 644 apartments in central Uppsala for Magnolia Bostad. The construction assignment marks the second phase of the Senapsfabriken property block. The order value is approximately EUR 67M.

Magnolia and Alecta Acquires Shopping Centre from CBRE

Sweden Sweden — CBRE Global Investors, on behalf of the Nordic Property Fund, announces the sale of the Stinsen Shopping Centre, Häggvik, Stockholm. The shopping centre has been acquired by Magnolia together with Alecta.

Magnolia Sells 262 Apartments in Eskilstuna

Sweden Sweden — Magnolia develops 262 apartments, now sold to Slättö. Property value at completion will be about MSEK 450 (EUR 47M). 

Magnolia Bostad Employs an Additional 12 Staff Members

Sweden Sweden — Magnolia Bostad continues to grow and strengthen the organization with a total of 12 people. In the fall Fredrik Westin starts as CFO and will take place in the management team, which then will consist of five people.

NCC to Build Rental Units for Magnolia Bostad

Sweden Sweden — NCC has been commissioned by Magnolia Bostad to build 454 rental units in central Uppsala, in the Senapsfabriken 2 property block. The order is valued at MSEK 443 (€48M).

Magnolia Bostad Signs Agreement with Helsingborg and Sells 345 Rental Apartments

Sweden Sweden — Magnolia Bostad has signed a land transfer agreement with the Helsingborg Municipality concerning the properties Antikvarien 1 and Arkeologen 1 in Maria station, Helsingborg. Magnolia also signed an agreement with SPP Fastigheter AB concerning the sale of 345 rental apartments that are to be developed on the properties. The property value at completion amounts to approximately MSEK 550 (€60M).

Multiple Large Housing Deals for Magnolia

Sweden Sweden — Magnolia Bostad, listed on Nasdaq Stockholm, divests future housing units in Uppsala and Helsingborg. The final total property value amounts to MSEK 1550 (€ 168 M).