Brief: Bonava Acquires Approximately 235 Building Rights In Oslo

Bonava AB (publ)

13/09/2022 13:48

Sept 13 (Reuters) - Bonava AB (publ)  BONAVb.ST :
    * ACQUIRES APPROXIMATELY 235 BUILDING RIGHTS IN OSLO
    * SELLER IS A PRIVATELY-OWNED RESIDENTIAL DEVELOPER AND
TRANSACTION TOTALS NOK 65 MILLION
    * TOTAL COST FOR PROJECT IS ESTIMATED AT NOK 1.1 BILLION
    * START OF PRODUCTION FOR FIRST HOUSING UNITS IS PLANNED FOR
Q3 OF
2025 AND COMPLETION OF FIRST HOUSING UNITS IS PLANNED FOR LATE
2027
    * ACQUISITION OF ABOUT 12,000 SQUARE METRES OF LAND IN
JESSHEIM
DISTRICT OF OSLO

Source text for Eikon:  ID:nWkr3ZYJbQ 
Further company coverage:  BONAVb.ST 

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