Scandinavian House Development
AG
(“SHDAG” or the “Company”) inform that the
the company will sign proposed land allocation
from Vara Municipality to build rental apartments.
This will give the company 2 years of exclusivity to
buy the land. The project size is 4500-5000 gross
area and we will build small apartments for
students. This is an important deal to add to our
existing rental apartments and get a critical mass
of rental apartments in Vara Municipality.

2020-04-14
Contact:
SCANDINAVIAN HOUSE DEVELOPMENT AG

E-Mail: info@scandinavianhouse.net


Disclaimer; Forward-Looking Statements:

This announcement or any other statement from
SCANDINAVIAN HOUSE DEVELOPMENT SA
contains forward-looking statements that are
based on assumptions and estimations of
SCANDINAVIAN HOUSE DEVELOPMENT SA.
Words such as “estimate,” “expect“, “plan,”
“project” and “will” and similar expressions
identify such forward-looking statements. The
actual results may differ substantially from such
assumptions and estimations caused by various
factors. These forward-looking statements speak
only as of their dates and have been reasonable at
that time. SCANDINAVIAN HOUSE

c/o MOORE STEPHENS LUZERN AG
Obergrundstrasse 61
6003 Luzern, Switzerland
E-Mail: info@scandinavianhouse.net
Internet: www.scandinavianhouse.net
Exchange: NYSE Euronext Paris
Market: Marché Libre
ISIN: CH0220529603
Symbol : MLSHD

DEVELOPMENT SA undertakes no obligation to
publicly update or revise any forward-looking
statements. This or any other statement from
SCANDINAVIAN HOUSE DEVELOPMENT SA
does not constitute an offer or a solicitation of an
offer for the purchase or sale or subscription of any
securities of SCANDINAVIAN HOUSE
DEVELOPMENT SA in Germany, Switzerland or
any other country. This statement constitutes pure
information about the company. Each and any
investment into securities, particularly into shares
of young companies like SCANDINAVIAN HOUSE
DEVELOPMENT SA, bears high risks including a
total loss of the invested amount. Potential
investors generally should consult a qualified
advisor before taking any investment decision at
all.