Wigge advised Magnolia Bostad on the divestment of a forward funding residential development project in Järfälla to Hines. The project comprises approximately 197 rental apartments with a total residential area of around 9,200 residential gross lettable area. The project will be developed in central Veddesta, an area undergoing extensive urban development, with direct access to Barkarby Station and the future metro station forming part of Stockholm’s expanding metro network.
Completion of the project is expected in the first quarter of 2029.
Closing was held on 30 September.
Read more about the transaction here.
