Note 24 Project and development properties

Project and development properties consist of owned and leased assets.

Group, MSEK Note 2023 2022
Koncernen, Mkr Not 2023 2022
Project and development properties – owned Projekt- och exploateringsfastigheter – ägda 17,892 18,846
Rights of use – leased with Nyttjanderätter – leasade 37 37 169 332
Total Summa 18,061 19,178
Group, MSEK 2023 2022
Koncernen, Mkr 2023 2022
Housing development rights Bostadsbyggrätter 7,900 7,209
Commercial development rights Kommersiella byggrätter 901 738
On going housing projects Pågående bostadsprojekt 6,147 8,634
On going rental projects Pågående hyresrättsprojekt 1,544 1,265
On going commercial projects Pågående kommersiella projekt 435 421
Completed property Färdigställda fastigheter 71 171
Other Övrigt 894 408
Total Summa 17,892 18,846

Project and development properties were written down during the year for a total of SEK 21 million (25). Loan interest of SEK 521 million (246) has been activated during the year. The interest rate on the activated loan costs is 5.00 percent (2.86).

Cost of goods sold during the year amounts to SEK 7,290 million (6,286).

Recovery

Of the recognized value of project and development property of SEK 17,892 million (18,846) some SEK 11,300 million (approximately 10,200) 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.