Magnolia Bostad’s Year-end Report 2015

– Magnolia Bostad had a very successful year in 2015.  We posted strong growth
in its project portfolio, conducted business with both established and new
partners, completed an IPO of the company's shares and strengthened its
organization, says Fredrik Lidjan, CEO of Magnolia Bostad.
Full year 2015 in brief:

  · Operating profit: SEK 357.1 million (47.3)
  · Profit after tax: SEK 306.7 million (29.2)
  · Earnings per share: SEK 7.60 (0.95)
  · The Board of Directors proposes a dividend for 2015 of SEK 1.00 (0.20) per
share

The fourth quarter in brief:

  · Operating profit: SEK 95.7 million (52.2)
  · Profit after tax: SEK 79.0 million (45.0)
  · Earnings per share: SEK 1.77 (1.46)

Significant events during the quarter

  · Magnolia Bostad's share was qualified for Nasdaq First North's index, First
North 25.
  · Magnolia Bostad enters into a land allocation agreement with Knivsta
Municipality for 200 apartments in central Knivsta.
  · Magnolia Bostad wins land competitions in Helsingborg and Norrtälje. These
competitions refer to an additional allocation of over 300 rental apartments
covering two blocks in Mariastaden, Helsingborg and around 200 apartments in the
future Lommarstranden neighborhood in Norrtälje Municipality.
  · Magnolia Bostad starts sales for the Kanikenäsholmen project, which consists
of 92 tenant-owned apartments in Kvarteret Varvet, Karlstad.
  · Magnolia Bostad acquires around 280 building rights from NCC Boende AB in
Limhamn in Malmö. The company also signs an agreement with SPP Fastigheter AB
for the sale of all of the rental apartments that will be developed on the
properties. The total property value upon completion totals approximately SEK
500 million.
  · Magnolia Bostad enters into a letter of intent with Alecta for the sale of
more than 2,000 rental apartments spread across six projects over the next two
years.
  · Magnolia Bostad acquires land in Nyby, Uppsala, where the company plans to
build approximately 400 apartments. The company also signs an agreement for the
sale of 325 of these apartments to SEB's residential housing fund, Domestica II.
These apartments will be rental units.
  · Magnolia Bostad acquires land from Skanska Sweden in downtown Helsingborg
where the company plans to build 327 rental apartments. The company also signs a
contract for the sale of the apartments to Alecta. The total property value upon
completion totals around SEK 550 million.
  · Magnolia Bostad signs a declaration of intent with a Swedish institution for
the sale of approximately 450 rental apartments that will be built as part of
the Uppsala Kungsängen 25:1 property. The property value at completion totals
approximately SEK 1 billion.

The full report is available at: www.magnoliabostad.se/investorrelations/


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

Erik Rune
CFO
+46 73-399 40 30
erik.rune@magnoliabostad.se


Magnolia Bostad was founded in 2009 with the vision of creating modern homes and
residential environments through smart functions and attractive architecture.
The company develops new housing, both rental apartments and tenant-owned
apartments, mainly in attractive locations in Sweden’s larger cities and
regional capitals. We operate with a holistic view that aims to achieve long
-term sustainable development for the society at large.
Magnolia Bostad is listed on Nasdaq First North. Erik Penser Aktiebolag is
engaged as the Certified Adviser for the Company.

More information about Magnolia Bostad can be found at www.magnoliabostad.se