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2016-12-07

Bonava: Bonava to develop new residential area in Finland

Bonava will develop a diversified ten-block residential area in the
Ahjo-Kaleva region of Oulu in northern Finland. The project will
comprise a total of 550 apartments.

The area will have a village atmosphere, with welcoming neighbourhoods
that combine comfort and security with quality of life for all ages.
Schools, supermarkets and green areas will be within walking distance
of the residential area.

The City of Oulu has the fastest growing population in Finland. Many
of those moving to the region are young, educated people taking the
next steps in their lives. The development of high-quality,
affordable housing, like this project in Oulu, plays a crucial role
in the realisation of Bonavas vision of creating homes and happy
neighbourhoods where people have the highest quality of life.

For more information, please contact:

Ann-Sofi Danielsson, CFO and Head of Investor Relations
ann-sofi.danielsson@bonava.com
Tel: +46 706 740 720

Bonava's media line: +46 709 556 654, E-mail: ir@bonava.com

Bonava is a leading residential development company in Northern
Europe. Born out of NCC, Bonava has been creating homes and
neighbourhoods since the 1930s. Today, Bonava has 1,400 employees and
operates in Sweden, Finland, Denmark, Norway, Germany, St.
Petersburg, Estonia and Latvia, with sales of SEK 13 billion.
Bonava's shares are listed on Nasdaq Stockholm.

For more information about us, visit: bonava.com
(http://www.bonava.com/)

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http://news.cision.com/bonava/r/bonava-to-develop-new-residential-area-i...
http://mb.cision.com/Main/13957/2139349/600831.pdf

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