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BRIEF-Magnolia Bostad signs deal to buy two properties in Huddinge
May 23, 2017 / 6:32 AM / 4 months ago

BRIEF-Magnolia Bostad signs deal to buy two properties in Huddinge

May 23 (Reuters) - MAGNOLIA BOSTAD AB

* MAGNOLIA BOSTAD SIGNS AGREEMENT TO ACQUIRE TWO PROPERTIES IN HUDDINGE

* SELLER IS SPENDRUPS AND ACQUISITION, WHICH COMPRISES ABOUT 74,000 SQ.M. OF LAND, MADE THOURGH COMPANY TRANSFERS WITH ACCESS AT APPROVED LOCAL PLAN

* PURCHASE PRICE IS DETERMINED BASED ON SIZE OF BUILDING RIGHT IN LOCAL PLAN

* PROGRAM START FOR LOCAL PLAN IS PRELIMINARY IN Q3 OF 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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