Morris Law advised KF Fastigheter on the deal
KF has made a first transaction in the future residential area Bro Mälarstrand in Upplands-Bro. KF divests half of its building/development rights to Magnolia Bostad, which acquires land with a new zoning plan permitting now planned housing comprising of 115,000 square meters of light gross area (Sw. ljus BTA). Approximately 1,500 homes will be built on the property. Construction works will begin during autumn 2018 and the residents are expected to move in during 2021. Magnolia Bostad will construct a varied range of residences consisting of rented apartments, condominiums, townhouses as well as single houses. There are also plans to establish stores, restaurants, pre-schools, schools and residential care apartments within the area.
The Morris Law team consisted of responsible partners Charlotta Wallman Hörlin, Natalie Bretz, and Therese Bergman.
Law Firms: Morris Law;
Clients: KF Fastigheter AB ;