Half-year Report January–June 2022
We acquired just over 1,300 building rights during the second quarter and we started production of 538 residential units. In total our building rights portfolio now amounts to just over 21,100 building rights. In addition, we have over 10,000 residential units in production. At the beginning of the quarter, we issued another green bond. However, the market situation deteriorated significantly during the latter part of the quarter. As a consequence of this, we will need to review our fixed costs to make Magnolia Bostad more flexible and adapted to achieve our business goal.1 January–30 June