November 16, 2015 / 12:06 PM / 2 years ago

BRIEF-Slättö assumes possession of Magnolia Bostad's project in Karlstad

Nov 16 (Reuters) - Magnolia Bostad AB :

* Slättö assumes possession of Magnolia Bostad's project in Karlstad

* Agreement covers some 200 rental apartments with a property value of approximately 360 million Swedish crowns ($41.5 million) at completion

* Construction is tentatively planned for Q1 of 2016, with initial occupancy in early 2017 Source text for Eikon:

Further company coverage: ($1 = 8.6779 Swedish crowns) (Gdynia Newsroom)

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