Edition:
United Kingdom

Magnolia Bostad AB (MAGNO.ST)

MAGNO.ST on Stockholm Stock Exchange

55.75SEK
12:14pm GMT
Change (% chg)

-0.50kr (-0.89%)
Prev Close
56.25kr
Open
57.00kr
Day's High
57.00kr
Day's Low
54.50kr
Volume
21,201
Avg. Vol
38,461
52-wk High
101.75kr
52-wk Low
54.50kr

Latest Key Developments (Source: Significant Developments)

Magnolia Bostad applies for listing on Nasdaq Stockholm in 2018
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Magnolia Bostad AB ::MAGNOLIA BOSTAD APPLIES FOR LISTING ON NASDAQ STOCKHOLM IN 2018.INTENTION TO APPLY FOR LISTING OF CO'S SHARE ON NASDAQ STOCKHOLM'S MAIN LIST IN 2017 MOVED TO 2018​.  Full Article

Magnolia Bostad gets four land allotments in Stockholm
Friday, 10 Nov 2017 

Nov 10 (Reuters) - MAGNOLIA BOSTAD AB ::MAGNOLIA BOSTAD IS AWARDED FOUR LAND ALLOTMENTS IN STOCKHOLM COMPRISING A TOTAL OF 355 APARTMENTS.  Full Article

Magnolia Q3 operating profit at SEK 7 million
Friday, 27 Oct 2017 

Oct 27 (Reuters) - MAGNOLIA BOSTAD AB ::Q3 NET SALES SEK ‍193​ MILLION VERSUS SEK 242 MILLION YEAR AGO.Q3 OPERATING PROFIT SEK ‍7​ MILLION VERSUS SEK 99 MILLION YEAR AGO.SAYS ‍FULL YEAR OF 2017 IS EXPECTED TO SHOW CONTINUED GROWTH AND IMPROVED EARNINGS.​.  Full Article

Magnolia Bostad sells 275 apartments in Arlöv city centre
Monday, 2 Oct 2017 

Oct 2 (Reuters) - MAGNOLIA BOSTAD AB ::SAID ON SATURDAY SOLD PROJECT FASANEN, LOCATED IN CENTRAL ARLÖV, BURLÖVS MUNICIPALITY, COMPRISING OF ABOUT 275 APARTMENTS.PROPERTY VALUE AT COMPLETION IS ESTIMATED TO ABOUT SEK 470 MILLION.BUYER IS A NORDIC REAL ESTATE INVESTOR .  Full Article

Magnolia Bostad signs deal to buy two properties in Huddinge
Tuesday, 23 May 2017 

May 23 (Reuters) - MAGNOLIA BOSTAD AB :MAGNOLIA BOSTAD SIGNS AGREEMENT TO ACQUIRE TWO PROPERTIES IN HUDDINGE.SELLER IS SPENDRUPS AND ACQUISITION, WHICH COMPRISES ABOUT 74,000 SQ.M. OF LAND, MADE THOURGH COMPANY TRANSFERS WITH ACCESS AT APPROVED LOCAL PLAN.PURCHASE PRICE IS DETERMINED BASED ON SIZE OF BUILDING RIGHT IN LOCAL PLAN.PROGRAM START FOR LOCAL PLAN IS PRELIMINARY IN Q3 OF 2017.  Full Article

Magnolia Bostad issues bond of SEK 400 million
Thursday, 6 Oct 2016 

Magnolia Bostad AB : Said on Wednesday issued a 5-year senior unsecured bond loan of 400 million Swedish crowns ($46.5 million) pursuant to a bond frame up to 1 billion crowns .The bond has a coupon of STIBOR 3M + 7.25 percent, without a STIBOR-floor, with quarterly interest payments and final maturity in Oct. 2021.  Full Article

Magnolia Bostad Q2 operating profit doubles to SEK 115.4 million
Tuesday, 23 Aug 2016 

Magnolia Bostad AB : Q2 operating profit 115.4 million Swedish crowns ($13.81 million) versus 53.8 million crowns year ago . Q2 net income 86.2 million crowns versus 37.2 million crowns year ago . Operating profit for Q1 2015 was positively impacted by about 153 million crowns as result of revaluation of Senapsfabriken project .Says during H2 company's ambition is to continue to expand project portfolio at same, fast rate.  Full Article

Magnolia Bostad buys property in Uppsala, Sweden
Thursday, 30 Jun 2016 

Magnolia Bostad AB : Buys property in Uppsala, Sweden .Deal takes form of company acquisition based on underlying property value of 150 million Swedish crowns ($17.71 million).  Full Article

Magnolia Bostad announces Fredrik Westin new CFO
Tuesday, 28 Jun 2016 

Magnolia Bostad AB : In fall Fredrik Westin starts as CFO .Current Vice President and CFO Erik Rune will continue his role as Vice President and will also become Head of Business Development department.  Full Article

Magnolia Bostad sells more than 300 rental apartments to SEB's housing fund Domestica II
Thursday, 23 Jun 2016 

Magnolia Bostad AB : The properties being sold are Vallentuna-Åby 1:94 and Vallentuna-Åby 1:149, and the sale is made through company transfers at a price of approximately 100 million Swedish crowns . The property value at completion will be about 500 million Swedish crowns ($60.83 million) .Construction is scheduled to start in the first quarter of 2017 and moving in occurs during 2018-2019.  Full Article