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ARTICLES TAGGED WITH "Union Residential Development"

Union and Gjelsten form new residential company in Oslo

Norway Norway — Union Residential Development, Union Real Estate Fond IV and Gjelsten Bolig have entered into an agreement to establish a joint housing development company with a focus on Oslo. The company will receive a land bank of close to 600 homes spread over seven projects in Oslo that will be developed over the next few years. The transaction has a value of NOK 1.5 billion.

These are Union Residential Development's Swedish ambitions

Nordic — Just months after the acquisition of Bonava's Norwegian portfolio, Union Residential Development follows it up by buying 70 percent of Swedish Kynningsrud Bostäder. Per Martin Eriksson, Sweden manager for Union Residential Development, reveals what the investment plans are going forward.

Union Residential Development becomes the new main owner of Kynningsrud Bostäder

Nordic — Union Residential Development, which this summer acquired Bonava's operations in Norway, has agreed with Kynningsrud to buy 70 percent of the shares in Kynningsrud Bostäder. Entry takes place on 1 March 2024.

After the Bonava deal – here is what Union Residential Development wants to invest in next

Norway Norway — Union Residential Development takes a big step by acquiring Bonava’s Norwegian portfolio and operations. Baard Schumann, Partner and CEO of Union Residential Development, tells Nordic Property News about the acquisition, what new investments they are looking for and when they hope to have the next deal done.

Bonava divests Norwegian operations to Union Residential Development

Norway Norway — Bonava has reached an agreement to divest its Norwegian operations to Union Residential Development, a Norwegian real estate fund. The purchase price is SEK 1.5 billion (approximately EUR 129 million) and the transaction is expected to be finalised no later than the third quarter of 2023. The deal is pending approval from Norwegian authorities.