Brief: Bonava Acquires About 370 Building Rights In Umeå

Bonava AB (publ)

12/11/2021 08:06

Nov 12 (Reuters) - Bonava AB (publ)  BONAVb.ST :
    * BONAVA ACQUIRES APPROXIMATELY 370 BUILDING RIGHTS IN UMEÅ
    * BONAVA HAS SIGNED AN AGREEMENT TO ACQUIRE APPROXIMATELY
370
BUILDING RIGHTS FOR MULTI-FAMILY HOUSING IN UMEÅ FROM
MOTORCENTRALEN.
    * FINAL PURCHASE PRICE IS BASED ON PLANNED AREA FOR HOUSING
UNITS
AND WILL BE PAID IN CONJUNCTION WITH ZONING PLAN ENTERING FORCE,
ON A PRELIMINARY BASIS, IN LATE 2023.
    * START OF CONSTRUCTION IS PLANNED FOR 2024

Source text for Eikon:  ID:nWkrbw1Tcf 
Further company coverage:  BONAVb.ST 

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