Magnolia Bostad employs an additional 12 staff members

Magnolia Bostad continues to grow and strengthen the organization with a total
of 12 people. In the fall Fredrik Westin starts as CFO and will take place in
the management team, which then will consist of five people. Current Vice
President and CFO Erik Rune will continue his role as Vice President and will
also become head of the Business Development department.
Fredrik Westin most recently comes from a position as Head of Finance at
Kungsleden AB (publ). Fredrik has a long experience in the real estate industry
and has previously worked at GE Capital Real Estate.

In addition, the Stockholm office is strengthened with ten employees and the
Helsingborg office with one employee.

  · Andreas Lorenz, project manager. Most recently comes from Projektgaranti.
Previously he held positions within WSP Management, Einar Mattson Byggnads AB
and JM.
  · Effective as of August, Louise Westin is employed as project manager. Most
recently comes from Sweco Society AB.
  · Effective as of August, Elina Mårtensson is employed as project manager.
Most recently comes from Veidekke Entreprenad.
  · Effective as of November, Maria Cheung is employed as project manager. She
has a background from Akademiska Hus and JM.
  · Effective as of August, Kajsa Löf is employed as project manager in the
Helsingborg office. Most recently comes from IKEA.
  · Mikaela Senator, Investor Relations Manager. Most recently comes from Corem
Property Group AB (publ).
  · Christian Matti, Senior Analyst. Most recently comes from CBRE.
  · Effective as of September, Pegah Ahmarinejad is employed as Senior Analyst.
Most recently comes from Danske Bank Debt Capital Markets.
  · Emelie Ekman, analyst. While completing her education, she worked part time
at Magnolia Bostad.
  · Effective as of August, Johan Wahlström is employed as economist specialized
in tenant-owner associations. Most recently comes from Österåkers
Bostadsrättsförvaltning.
  · Effective as of September, Marcella Lindberg is employed as Mood Manager.
Most recently comes from Bird & Bird.

For more information, please contact:
Fredrik Lidjan, CEO
+46 70 223 43 47, fredrik.lidjan@magnoliabostad.se

Magnolia Bostad develops efficient, attractive and functional residential
properties, including rental apartments, tenant-owned apartments and hotels, in
attractive locations primarily in Sweden’s growth areas. Our work is based on a
holistic approach where the operations are conducted in a manner that promotes
long-term, sustainable urban development. Magnolia Bostad's share (MAG) is
listed on Nasdaq First North. Erik Penser Bank is the Certified Adviser for the
Company. More information is available at www.magnoliabostad.se