ARTICLES TAGGED WITH "JM"

JM’s Investment Targets in Finland

Finland Finland — Markus Heino, President of JM Finland, on the recent acquisition, the attraction to the Pasila area, whether the Finnish operations are scheduled as planned, and where they focus on development, going forward.

Reasons Behind Obos' Divestment of JM Shares to SBB

Sweden Sweden — Ingunn Andersen Randa, Executive Vice President at Obos, on the sale to SBB.

SBB Acquires 20 Percent of the Shares in JM

Sweden Sweden — Samhällsbyggnadsbolaget i Norden has acquired 13,975,000 shares in JM at a price of SEK 326.30 per share from OBOS, corresponding to SEK 4.56 billion.

JM Makes Large Divestment to SPP

Sweden Sweden — JM has signed an agreement with SPP Fastigheter for the sale of two rental properties. The transaction amounts to approximately SEK 1.3 billion with a profit of approximately SEK 390 million.

JM Appoints CFO

Sweden Sweden — JM announces the appointment of Carl Bandhold as the new chief financial officer after current Chief Financial Officer Claes Magnus Åkesson retires.

JM Acquiring Building Rights in Solna for MSEK 364

Sweden Sweden — JM is acquiring building rights from Vasakronan for approximately 360 residential units in Järvastaden, Solna, which is located north of Stockholm. The transaction is worth SEK 364 million, and occupancy and payment will take place in Q1 2021. JM has been active in Järvastaden since 2006 and will continue developing the area through the acquisition.

JM Buys Building Rights for Development in Västerås from Kungsleden

Sweden Sweden — JM has signed an agreement with Kungsleden AB to acquire the property Västerås Isolatorn 12. The deal is worth approximately SEK 120 million.

JM Creates a Structure for Long-Term Management of Rental Housing

Sweden Sweden — JM is creating and taking responsibility for a structure for completed rental unit properties where JM has a commitment to secure long-term management.

JM Obtains Legal Title for Office Building Rights

Sweden Sweden — The detailed planning for JM’s office project K1 Karlbergs Strand has gained legal force, and JM will obtain legal title and pay for the property during the fourth quarter of 2020. The purchase amount is approximately SEK 190 million, and construction is expected to begin in early 2021.

JM Acquires Building Rights in Södertälje

Sweden Sweden — JM has signed an agreement with Södertälje Municipality to acquire the Karlevik 4:1 et al property in Södertälje, Stockholm. The property’s detailed plan has gained final approval, and the acquisition enables development of approximately 450 residential units.

Wihlborgs Sells Housing Development Rights in Malmö

Sweden Sweden — Wihlborgs has signed an agreement for the sale of the Torrdockan 7 property in Malmö with planning permission for around 170 homes and 700 sqm of commercial space.

JM Starts Production of Rental Properties in Västerås

Sweden Sweden — JM has signed an agreement with Lansa Fastigheter AB to sell two rental properties that will be built in Gideonsberg, Västerås. The deal is worth SEK 160 million.

JM Acquires in Uppsala

Sweden Sweden — Uppsala Kommuns Fastighets AB sells the Gottsunda 34: 7 property to JM. The property is located in the immediate vicinity of Gottsunda center.

JM Divests the Construction Operations in Norway

Norway Norway — JM has signed an agreement regarding divestment of the external construction operations in Norway, JM Entreprenör AS, to Vicon a company within the Norwegian KB Group.

JM Acquires Property for Residential Development

Finland Finland — JM is acquiring a well-situated industrial property in Hertonäs, Helsinki. Occupancy and payment will take place in Q3 2019.

Aberdeen’s Investment Targets in Sweden

Sweden Sweden — Magnus Kenning, Head of Transactions Sweden, after Aberdeen Standard Investments' housing fund's first purchase in Sweden: "It opens up for more deals in other places."

JM Sells Three Rental Properties in Stockholm

Sweden Sweden — JM has signed an agreement with Aberdeen Standard Investment to sell three rental properties. The deal is worth SEK 1.2 billion (EUR 112 million).

JM Acquires Property for Residential Development

Sweden Sweden — JM has signed a final agreement to acquire land with a detailed development plan for residential development in Ekerö, Stockholm. The deal is worth SEK 90 million.

JM Buys to Develop Residential in Oslo

Norway Norway — JM has signed a conditional contract to acquire a centrally located property for residential development in Röa, Oslo.

JM Sells in Värmdö

Sweden Sweden — JM sells property in Värmdö outside Stockholm.

JM Acquires in Trondheim

Norway Norway — JM has acquired a property in Trondheim to pave the way for 170 new apartments.

JM Makes New Norwegian Transaction

Norway Norway — After having sold properties in Skien and Röyken earlier this week, JM continues to do business in Norway by acquiring a property in Drammen outside Oslo.

JM Sells Properties in Skien and Röyken

Norway Norway — JM has agreed on the sale of the property Morbergtoppen in Röyken municipality and the property Tollnes in Skien municipality.

Why Obos Increases Ownership in JM

Norway Norway — After the latest acquistion Norwegian housing giant Obos has 20 percent of the shares in Swedish housing developer JM. CEO Daniel Kjørberg Siraj on the benefits cross-border.

NREP Acquires in Stockholm

Sweden Sweden — NREP acquires office properties at Stora Essingen and at the same time signs contingent agreement for transfer to JM.