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.