Bonava wins land allocation competition in Sollentuna

Bonava and Bantorget Hyresbostäder have together won a land allocation competition for rental units in the Väsjön development area in Sollentuna. The detailed development plan has gained legal force, and Bonava will develop 231 rental apartments there.  

Väsjön has been identified as a prioritised development area in Sollentuna, given its attractive location directly adjacent to Väsjöbacken. The area is located close to nature, with good connections to the centre of Stockholm.

I’m pleased to be expanding our project and development rights portfolio in a growing area of Stockholm. The acquisition is in line with our strategy of developing affordable housing through rental units where people can have the highest quality of life, says Fredrik Hemborg, Business Unit Manager at Bonava Sweden.

Bonava will take over the property once the municipality has built up the road network and land parcelling has taken place, which is estimated for the first quarter of 2019. The first sod is also expected to be turned in 2019, with the first residents scheduled to move in by Q1 2021.

For more information, please contact:

Ann-Sofi Danielsson, CFO and Head of Investor Relations
[email protected]
Tel: +46 706 740 720

Bonava’s media line

[email protected]

Tel: +46 709 556 654

Bonava is a leading residential development company in Northern Europe. Born out of NCC, Bonava has been creating homes and neighbourhoods since the 1930s. Bonava has 1,600 employees and operates in Sweden, Germany, Finland, Denmark, Norway, St. Petersburg, Estonia and Latvia, with sales of SEK 13.5 billion in 2016. Bonava’s shares are listed on Nasdaq Stockholm.  

For more information about us, visit: bonava.com

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About the Author: Carrie Brunner

Carrie Brunner grew up in a small town in northern New Brunswick. She studied chemistry in college, graduated, and married her husband one month later. They were then blessed with two baby boys within the first four years of marriage. Having babies gave their family a desire to return to the old paths – to nourish their family with traditional, homegrown foods; rid their home of toxic chemicals and petroleum products; and give their boys a chance to know a simple, sustainable way of life. They are currently building a homestead from scratch on two little acres in central Texas. There’s a lot to be done to become somewhat self-sufficient, but they are debt-free and get to spend their days living this simple, good life together with their five young children. Carrie writes mostly on provincial stories.
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