Magnolia Bostad acquires an area of land in the Nyby neighbourhood in Gamla Uppsala, where the company is planning to build approximately 400 homes. The company has also signed an agreement with SEB’s residential fund Domestica II for the sale of some 325 apartments. These are to be developed as rental apartments. In addition to the 325 rental apartments, the company plans to construct some 75 modern and space-efficient tenant-owned apartments in the area. Situated in Northern Uppsala, Nyby offers proximity to beautiful nature and a pleasant mix of older and newer buildings. The new project will complement the area with a modern and up-to-date architecture and contribute to a varied urban environment. The intended target group for the new homes are people who are 55 or older. Uppsala City Centre is only a 15-minute bus trip away, and by car you can reach the E4 and Gränby Centre in a few minutes. “This is the third transaction we conclude with SEB. It is a natural progression of our cooperation and I am convinced that we will find further projects to participate in together in the future,” says Fredrik Lidjan, CEO of Magnolia Bostad. The new homes will be developed with a clear focus on sustainability and energy efficiency and will undergo environmental certification. Construction start is estimated to take place in Q2 2016 and the first phase of occupancy is expected during the last six months of 2017. Sales of the tenant-owned apartments are expected to be initiated during 2016. For more information, please contact: Magnolia Bostad Fredrik Lidjan CEO +46 70 223 43 47 fredrik.lidjan@magnoliabostad.se Domestica II, SEB Real Estate Richard Gavel Portfolio Manager +46 8 763 98 73 richard.gavel@seb.se Magnolia Bostad was founded in 2009 with the vision of creating modern homes and residential environments through smart functions and attractive architecture. The company develops new housing, both rental apartments and tenant-owned apartments, mainly in attractive locations in Sweden’s larger cities and regional capitals. We operate with a holistic view that aims to achieve long -term sustainable development for the society at large. Magnolia Bostad is listed on Nasdaq First North. Erik Penser Aktiebolag is engaged as the Certified Adviser for the Company. More information about Magnolia Bostad can be found at www.magnoliabostad.se SEB Real Estate is part of SEB's asset management operations and manages directly owned properties with a total value of approximately SEK 26 billion. The team provides investors discretionary portfolio management and client -tailored property funds that feature directly owned real estate properties as the underlying asset type.
Magnolia Bostad acquires land in Uppsala and sells
Top 10 Most Recent News Articles
Nasdaq Climbs 4% in a Week as Chip Stocks Rally
The Market's Vibrant Resurgence Well, well, look at that! The Nasdaq is marching ahead, scoring a tidy uptick of over 4% this week, driven by a midweek blitz from chip stocks. Yeah, you heard it right, the market was as brisk as a double-shot espresso. On the session, the Nasdaq Composite leapt 2.06%, closing at 25,583.42, surprisingly just a breath away from the 18-day...
Continue Reading
DFRobot & Sensirion Unveil Cutting-Edge Formaldehyde Sensor
Game-Changing Sensor Technology Hits the Market It's not every day that two heavyweights team up and deliver something that might just shake up an entire sector. That's exactly what's happening with DFRobot and Sensirion's latest joint venture. Launching the SFA40 Formaldehyde Module, these companies are getting down and dirty with air quality detection like never before....
Continue Reading
DAN, GPRO, PSNL Deals Under Investor Scrutiny
Behind the Curtain: What Do These Deals Mean for Shareholders? Sometimes, investing in a stock ain't just about numbers on a screen—it's about untangling the whole messy ball of yarn these companies hand you with a smile. We're looking at Dana Incorporated (NYSE: DAN), GoPro, Inc. (NASDAQ: GPRO), and Personalis, Inc. (NASDAQ: PSNL). They've all got deals on the table,...
Continue Reading
Unique Bracelet Design Sparks Interest in Fashion World
Fashion—they say it’s cyclical, like one of those boomerang investments. Just when you think you’ve got the trend locked down, something new bounces in to shake things up. Out of the blue, a bold bracelet called the CUFFLET has waltzed onto the scene, crafted to stand out in a market saturated by more of the same. The Heart of the CUFFLET's Appeal Now, I don't know...
Continue Reading
Nanjing Revives Cultural Legacy of Yangtze River
Breathing Life into an Ancient Waterway You'd think the Yangtze River story's as old as the hills—well, you're not wrong. But today, there's a fresh wind blowing down its waters. On November 10, scholars, cultural buffs, and a mixed bag of experts moseyed into Nanjing. They weren't just there to nibble dumplings and wax poetic; they were fixing to shed new light on the...
Continue Reading
Stage 2 Capital's $100M Venture Targets AI Growth
Baby, when we talk venture capital these days, we're really talking about A, I, and some well-placed bets on the future. Stage 2 Capital just pulled together a hefty $100 million, ready to sink it into AI-powered B2B companies like there's no tomorrow. You can feel the gears shifting in the marketplace, and these folks are leading the charge with the new funds, Venture...
Continue Reading
Clarivate's Upcoming Conference Presentation: What to Expect
Conference Time: Will Clarivate Deliver the Goods? Grab your calendars, folks. November 18 is when Clarivate Plc is stepping into the spotlight at the RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference. Their bigwigs, Matti Shem Tov, the CEO, and Michael Easton, the CFO, will be there to spill the beans. They’re set to take the mike...
Continue Reading
Wisconsin Winters: The Art of Navigating Construction Delays
Winter's Cold Grasp on Construction Efforts Alright, folks, let's dive into a topic as chilling as a Wisconsin winter itself—those icy weather conditions that builders have to wrangle with each year. You might think snowflakes have got nothing on a solid timeline, but too much snow? That changes the game, my friends. Right off the bat, Kyle Tielens, the know-it-all of...
Continue Reading
Ampace Showcases Safety-First Battery Tech for AI Data Centers
PU200's Debut: Making Safety and Space Work in Tandem Ever noticed how safety's become the name of the game for data center operations? Powered by the influx of AI, these digital fortresses crave robust power backup, and Ampace’s stepping in with their PU200 UPS battery solution at Data Centre World Paris 2026. Showing off at Hall 5, Booth M65, Ampace's bringing to the...
Continue Reading
Flooring Market to Hit $255 Billion by 2031: What's Driving This?
The Construction Wave Lifts Flooring High Feels like flooring is set to ride a massive wave in the construction boom—an ambitious $255.35 billion splash by 2031. It's not the kind of climb you see out of nowhere; it’s paved by a 4.17% CAGR from 2026. This growth screams opportunity for anyone knee-deep in the construction game, where every square inch needs flooring....
Continue ReadingTop 5 Most Recently Viewed Articles
DeepRoute.ai Secures $100 Million in Series C1 Funding Round
DeepRoute.ai Secures $100 Million in Series C1 Funding DeepRoute.ai, an innovative leader in artificial intelligence, has recently announced a monumental Series C1 funding round, successfully raising a substantial amount of US$100 million. This significant investment comes from a well-known automotive OEM in China and is set to bolster the company's research and...
Continue Reading
Rumble Cloud and TRON Team Up for Future of Decentralization
Rumble Cloud and TRON Forge Strategic Partnership Rumble, a prominent player in the video-sharing platform and cloud service industry, has announced an exciting partnership with TRON, a leading blockchain-based platform. This collaboration aims to enhance the decentralization of the internet, presenting new opportunities for both companies and their users. The initial...
Continue Reading
Applied Digital Earnings Update: Expectations and Insights
Upcoming Earnings Report for Applied Digital Applied Digital (NASDAQ: APLD) is gearing up to share its quarterly earnings report soon. Investors are curiously awaiting this important announcement, which promises to bring insights into the company's financial health. Analysts are forecasting an earnings per share (EPS) of $-0.14 for this upcoming quarter. Market...
Continue Reading
Emerging Markets: China's Influence on Stock Performance
Emerging Market Stocks Experience Impressive Recovery The recent resurgence in the stock performance of emerging markets is undeniably notable. This rebound has captured the attention of investors globally, presenting a picture of hope for economies that have been struggling. However, it's essential to highlight that much of this growth can be attributed to the robust...
Continue Reading
SOO Green Advances Energy Project with Franchise Agreement
SOO Green Advances Energy Project Through Final Agreement SOO Green has made significant progress with the recent approval of its final municipal franchise agreement. This pivotal step brings the transmission project closer to construction, showcasing widespread community support. Transforming the Energy Landscape As a jointly owned initiative by energyRe and Copenhagen...
Continue Reading