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Bonava unit to invest €40M in Latvia residential project

Swedish homebuilder Bonava AB unit Bonava Latvija is investing €40 million to develop 16 apartment buildings as part of the Dreilina Majas housing project in Latvia, The Baltic Course reported.

The project is in Dreilini village near the capital city of Riga and involves constructing of a total of 700 apartments by its expected completion in 2023.