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Bonava is selling 62 rental apartments and a preschool in Hamburg, Germany, to Warburg-HIH Invest Real Estate. The housing units are expected to be completed and handed over to the customer in the second quarter of 2024. 

- Wedel is an increasingly popular area of Hamburg, a city in which there is a lack of new homes. That is why we are converting the previous site of a petrol station into a green, sustainable neighbourhood for all generations, says Sabine Helterhoff, Business Unit President, Bonava Germany.

The project consists of two apartment blocks and a preschool in the Wedeler Tor area. The neighbourhood is just outside Hamburg and part of "Wedeler Tor", where Bonava has plans to build a total of 135 housing units. 

For more information, please contact:

Fredrik Hammarbäck, Group Head of Press and Public Affairs
[email protected]
Tel: +46 739 056 063

Carolina Strömlid, Head of Investor Relations
[email protected]
Tel: +46 708 807 173

Bonava is a leading residential developer in Northern Europe that creates homes and neighbourhoods where people have the highest quality of life. The company is the first residential developer in Europe to receive approval from the Science Based Targets initiative for its climate targets. With its 2,100 co-workers, Bonava develops residential housing in Germany, Sweden, Finland, Denmark, Norway, St. Petersburg, Estonia, Latvia and Lithuania, with net sales of approximately SEK 17 Bn in 2020. Bonava's shares and green bond are listed on Nasdaq Stockholm.

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Bonava is a leading residential development company in Northern Europe which has been creating homes and neighbourhoods since the 1930s. With its 2,300 co-workers, Bonava operates in Germany, Sweden, Finland, Denmark, Norway, St. Petersburg, Estonia and Latvia, with sales of SEK 15,5 billion in 2019. Bonava's shares are listed on Nasdaq Stockholm.