Stockholm, 240802– Bostadsunion AB, aiming to become a leading player in land and property development in Sweden, is proud to announce its planned reverse acquisition, which will be completed at the end of Q4 2024 on the Polish stock exchange, New Connect.
A Strategic Expansion
This reverse acquisition marks a milestone in Bostadsunion AB’s expansion strategy and will significantly strengthen the company’s capital base. By listing the company on New Connect, Bostadsunion gains access to a broader investor base and new opportunities to grow and develop its business in the European market.
Strengthened Position in the Real Estate Market
Bostadsunion AB works with innovative and sustainable solutions in the rental housing sector, focusing on meeting the high demand for affordable housing in Sweden. With a strong financial position and access to new capital, the company plans to accelerate its project portfolio and expand its presence in both existing and new markets.
CEO’s Comment
“We are very pleased to announce our planned reverse acquisition on New Connect. This is a strategic step that will enable us to scale up our activities and continue delivering high-quality and sustainable housing solutions to the Swedish market and beyond.”
A Bright Future
With this strategic move, Bostadsunion AB positions itself for a future of growth and success. The expected capital injection will support the company’s ambitious plans to become a leading player in the European real estate market.
For further information:
info@bostadsunion.com
www.bostadsunion.com
About Bostadsunion AB
Bostadsunion AB is a Swedish company specializing in land and property development with a strong focus on creating sustainable and cost-effective rental housing. With innovative construction solutions and a strong market position, Bostadsunion strives to solve the acute housing shortage in Sweden.
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