Bonava sells 103 rental apartments in Tampere, Finland

Bonava is selling a rental project in Tampere, Finland, to the investor NREP Nordic Strategies Fund III. The project comprises 103 rental apartments in the new Lielahti residential area. The transaction is expected to be recognised in profit in the fourth quarter of 2020. 

- This transaction allows us to continue our expansion in Tampere and thereby strengthen our position in the region. The divestment and project are aligned with our strategy to develop more rental apartments in Finland, says Joachim Hallengren, President and CEO of Bonava. 

 When completed, the Lielahti neighbourhood will include just over 500 housing units. The residential area is situated close to supermarkets, shops and preschools. 

For more information, please contact:

Louise Tjeder, Head of Investor Relations
[email protected]
+46 707 826 374

Bonava’s media line
[email protected]
+46 739 056 063

Bonava is a leading residential development company in Northern Europe. Bonava has been creating homes and neighbourhoods since the 1930s. Bonava has 2,100 employees and operates in Germany, Sweden, Finland, Denmark, Norway, St. Petersburg, Estonia and Latvia, with sales of SEK 14.0 billion in 2018. Bonava’s shares are listed on Nasdaq Stockholm.

For more information about us, visit: www.bonava.com