Note 24 Project and development properties
Project and development properties consist of owned and leased assets.
Group, MSEK | Note | 2022 | 2021 | ||
Koncernen, Mkr | Not | 2022 | 2021 | ||
Project and development properties – owned | Projekt- och exploateringsfastigheter – ägda | 18,846 | 15,932 | ||
Rights of use – leased with | Nyttjanderätter – leasade | 37 | 37 | 332 | 326 |
Total | Summa | 19,178 | 16,258 |
Group, MSEK | 2022 | 2021 | |
Koncernen, Mkr | 2022 | 2021 | |
Housing development rights | Bostadsbyggrätter | 7,209 | 6,609 |
Commercial development rights | Kommersiella byggrätter | 738 | 604 |
On going housing projects | Pågående bostadsprojekt | 8,634 | 7,018 |
On going rental projects | Pågående hyresrättsprojekt | 1,265 | 616 |
On going commercial projects | Pågående kommersiella projekt | 421 | 457 |
Completed property | Färdigställda fastigheter | 171 | 123 |
Other | Övrigt | 408 | 505 |
Total | Summa | 18,846 | 15,932 |
Project and development properties were written down during the year for a total of SEK 25 million (18). Loan interest of SEK 246 million (139) has been activated during the year. The interest rate on the activated loan costs is 2.9 percent (2.2).
Recovery
Of the recognized value of project and development property of SEK 18,846 million (15,932) some SEK 10,200 million (approximately 5,600) is expected to be recovered through sales more than 12 months after the balance sheet day. The remaining part is expected to be recovered within 12 months after the balance sheet day.