Brief: Titania Gets Land Allocation In Sigtuna Municipality

Titania Holding AB (publ)

03/05/2022 10:47

May 3 (Reuters) - Titania Holding AB (publ)  TITAb.ST :
    * TITANIA HAS WON A LAND ALLOCATION WITH A LEGALLY VALID
DETAILED
PLAN IN SIGTUNA MUNICIPALITY FOR MORE THAN 7,000 SQM OF LIGHT
GTA
    * PROJECT CONSISTS OF APPROXIMATELY 91 RESIDENTIAL
APARTMENTS OF
VARYING SIZES AND A PARKING GARAGE LOCATED UNDERGROUND ON
PROPERTY ADJACENT TO NEW CENTRAL SCHOOL
    * UNDER THE CONTRACT, TITANIA IS PURCHASING THE BUILDING
RIGHTS
FOR SEK 9,500/SQM LIGHT GFA
    * THE SIGTUNA CITY COUNCIL IS EXPECTED TO DECIDE ON THE
AGREEMENT
ON 19 MAY
    * CONSTRUCTION IS EXPECTED TO START IN Q2 2023

Further company coverage:  TITAb.ST 

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