Information and updating of Koggbron Projekt AB (publ)
- Sales of the property Sanden 4, 5, 12, 13 and 14 have not yet been implemented. The intended buyer has needed more time for his financing. Access has thus been delayed somewhat This means that interest and amortization will not be possible as planned. Probably this will not be possible before the turn of the year. We will return as soon as we have more information about sales with associated interest payments and amortization.
- In order to ensure the survival of the project and that the bondholders can recover their money, Koggbron has negotiated to sell its share of Koggbron Project to the current minority owner, Anders Högberg. Anders Högberg will run the project forward. However, this requires some adjustments to the bond terms and the work on a written procedure has been initiated.
- Until the bondholders have approved the takeover and the new terms, the issuer is entitled to sell the Sanden (as above) and the property in Järfälla (Järfälla Skällby 3: 533) with the agent's approval. Liquidity from the sale will be applied to repay accrued interest and amortization of the senior debt in Koggbron Project.
- We estimate that material for the written procedure will come to investors before Christmas and decisions should be made in January 2019.
For questions, please contact
+ 46 70 982 8273
+ 46 70 855 8099
Det sista formella hindret är nu avklarat sedan Mark- och Miljödomstolen avvisat motpartens talan. Därmed får Malmö närmare 650 nya studentbostäder inom ett par år.
The final formal obstacle has been eliminated when the Land and Environment Court rejected the opposing party's claim. Therefore Malmö is now gaining nearly 650 new student apartments within the next few years.
Koggbron Projekt AB
Koggbron Projekt AB
Ready with construction permit for Katrinelund in Malmö. A welcome addition for Malmö City and students in Skåne.
On 20 September, the Construction Council in Malmö granted a building permit for the construction of 646 student apartments in Katrinelund, on top of the mall where Willys and Mekonomen, among others, are tenants.
Klart med byggnadslov för Katrinelund i Malmö. Ett välkommet tillskott för Malmö Stad och Skånes studenter
Byggnadsnämnden i Malmö beviljade den 20 september bygglov för uppförandet av 646 studentlägenheter i kvarteret Katrinelund, ovanpå köpcentret där bl a Willys och Mekonomen är hyresgäster.
Mangold startar handel i Koggbrons aktie.