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BRIEF-Bonava acquires land and creates new neighbourhood in Germany
April 27, 2017 / 6:44 AM / 8 months ago

BRIEF-Bonava acquires land and creates new neighbourhood in Germany

April 27 (Reuters) - BONAVA AB (PUBL):

* BONAVA ACQUIRES LAND AND CREATES NEW NEIGHBOURHOOD IN LANGEN, GERMANY

* Q1 ENTERING INTO AGREEMENTS FOR ACQUISITION OF LAND FROM A NUMBER OF SELLERS AT A TOTAL PRICE OF APPROXIMATELY SEK 140 M TO SEK 190 M.

* Q1 PROJECT IS EXPECTED TO START AT END OF 2020, WITH FIRST CUSTOMERS SCHEDULED TO MOVE IN AT BEGINNING OF 2023. Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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