June 30, 2017 / 2:18 PM / 25 days ago

BRIEF-Magnolia Bostad buys property in Nynäshamn, Sweden

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June 30 (Reuters) - MAGNOLIA BOSTAD AB

* Signs Agreement to Acquire a Property in nynäshamn

* PLANS TO DEVELOP APPROXIMATELY 450 RESIDENTIAL UNITS IN THE AREA

* SELLER IS A PRIVATE PROPERTY OWNER, ACCESS WILL TAKE PLACE IN FALL OF 2017

* ESTIMATED PRODUCTION START IS IN 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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