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Aros Bostad obtains building permit for 22 new homes in Ekerö

Aros Bostadsutveckling AB publ (”Aros Bostad”) has obtained building permit for 22 new residential units in the development project Hofgården in Ekerö municipality, which is part of the building rights portfolio that Aros Bostad acquired from ALM Equity during 2022.

The building permit contains 22 units in the third and final phase of detached and semi-detached within the area Ekerövallen. The production start is planned for the autumn 2023. Sales and construction of the second phase, Gällsta, is ongoing and planned for completion in the end of the third quarter of 2023.

Financial information in English at https://arosbostad.se/investerare/in-english/

About Aros Bostad

Aros Bostad develops thoroughly planned residential housing, with healthy materials and timeless designs. The geographical market is primarily focused to areas with good public transportations within the greater Stockholm area, Uppsala and the Mälardalen region.  With a long-term perspective and responsibility for the entire value chain, Aros Bostad creates a safe deal for home buyers as well as stable returns for the investors.

The Company was founded in 2006 and had, as per 30 September 2022, 34 residential development projects in different stages of development corresponding to ca 5,000 units. During Q3 2022, a binding agreement was signed regarding acquisition of a portfolio with 1,505 building rights, corresponding to 34 project opportunities. 23 of the projects were handed over in October 2022. Aros Bostad is listed on Nasdaq First North Growth Market and the Certified Adviser is Erik Penser Bank. Financial information is to be found at www.arosbostad.se/investerare

For more information, please contact:

Magnus Andersson, CEO, e-mail: magnus.andersson@arosbostad.se, phone: +46 73 410 12 43
Ken Wendelin, CFO/Deputy CEO, e-mail: ken.wendelin@arosbostad.se, phone: +46 73 518 02 70
Anna Åkerlund, Head of Communications & IR, e-mail: anna.akerlund@arosbostad.se, phone: +46 70 778 28 97
Certified Adviser, e-mail: certifiedadviser@penser.se, phone: +46 8 463 83 00