Serneke signs major agreement with Magnolia Bostad
Serneke has signed a turnkey contract with Magnolia Bostad for the construction of apartments in the Stora Råbylund neighborhood in Lund, southern Sweden. The contract is valued at approximately SEK 840 million.
The 783 apartments will be constructed commencing in the autumn of 2020, on a plot of nearly 30,000 square meters in Stora Råbylund, in the eastern part of Lund. The multi-family dwellings will be divided between 12 buildings of four to six stories each. Three underground parking garages, ground-level parking facilities and park areas will also be constructed and prepared at the site.
"Serneke and Magnolia have completed and are implementing numerous pleasant and successful projects around Sweden. This project is the result, and a continuation of, our beneficial partnership. We are very much looking forward to being involved in developing Stora Råbylund," says Kristian Jansson, Regional Manager at Serneke.
"A significant part of our operations entails nurturing both long-term relationships and socially sustainable development. We have enjoyed a successful partnership with Serneke for many years, finding in Serneke a stable partner, ensuring the superior quality of the resulting buildings. We are very pleased to be able to continue our partnership with this next project," says Fredrik Lidjan, CEO of Magnolia Bostad.
Tenants are scheduled to move into all of the apartments within the project in 2026.
The order value of approximately SEK 840 million is to be included in order bookings for the fourth quarter of 2019.

Kristian Jansson
- Regional Manager, South
-
Send email
- Östergatan 18, 211 25 Malmö
- 0700-81 93 10

Johan Live
- Public Relations Manager
-
Send email
- Kvarnbergsgatan 2, 411 05 Gothenburg
- +46(0)768-68 11 37
Current news
-
11/11/2022
Serneke to construct new court building in Vänersborg
Serneke and Hemsö Fastigheter AB have signed a turnkey contract regarding new premises for the Väner...;
-
11/11/2022
Top apartment in Karlatornet sold at record price
The second of the two top-level apartments in the Karlatornet tower has now been sold. For the purch...;
- 10/7/2022 Regarding recruitment scams in the USA
-
8/26/2022
Serneke has signed a contract for the second phase of the new treatment plant project in Kalmar
Serneke and Kalmar Vatten have, based on a previously entered collaboration agreement, taken the nex...;
-
6/9/2022
Serneke sells rental housing projects in Örebro
Serneke is selling the Söderläge housing project in the Tamarinden district of Örebro to CapMan. The...;
-
5/6/2022
Karlatornet is now the tallest building in Gothenburg
Newcomer rules the roost in Gothenburg. With the pouring of the 45th story of the Karlatornet tower’...;
Press releases
-
11/30/2022
Conversion of shares in Serneke Group
According to Serneke's articles of association, owners of series A shares have the right to request ...
-
11/9/2022
Conversion of all series A shares to series B shares
Serneke Group AB has received a request from the series A shareholders to convert all shares of seri...
-
10/31/2022
Conversion of shares in Serneke Group
According to Serneke's articles of association, owners of series A shares have the right to request ...