Brief: K-Fast Holding Buys Building Rights For Rental Apartments

K-Fast Holding AB

05/11/2020 15:36

Nov 5 (Reuters) - K-Fast Holding AB  KFASTb.ST :
    * K-FASTIGHETER BUYS BUILDING RIGHTS FOR RENTAL APARTMENTS
AT THE
NEW OPALTORGET IN WESTERN GOTHENBURG
    * PURCHASE PRICE AMOUNTS TO SEK 50 MILLION
    * PLANS TO BUILD AROUND 100 RENTAL APARTMENTS IN BLOCK
    * ESTIMATED INVESTMENT FOR COMPLETION OF THIS PROJECT
AMOUNTS TO
SEK 217.6 MILLION
    * CONSTRUCTION IS SCHEDULED TO START AT END OF NEXT YEAR
    * MARKET VALUE ON OCCUPANCY DATE IS ESTIMATED TO
APPROXIMATELY SEK
303 MILLION

Source text for Eikon:  ID:nWkr8mkzxR 
Further company coverage:  KFASTb.ST 

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