JM Acquires Building Rights at Mörby Centrum

Sweden Sweden — The property’s detailed plan has gained final approval for 120 new residential units at Mörby Centrum, which is located just north of Stockholm. The purchase price is EUR 22M.

JM New Owner to Development Property in Oslo

Norway Norway — JM has acquired the development property Vollebekkveien 2A in north-eastern Oslo from Stiansen Eiendom AS.

OBOS Acquires Two Percent of JM AB’s Shares

Norway Norway — OBOS announced today that they have purchased two percent of the shares in JM AB through the group head OBOS BBL. The acquisition is a long-term financial investment where OBOS with their industrial attitude towards ownership will contribute with further development for JM.

NREP Acquires a Large Plot of Land in Copenhagen

Denmark Denmark — NREP Nordic Strategies Fund I has acquired a large plot of land at Enghave Brygge in the South Harbor of Copenhagen from the Swedish developer JM. The purchase price is MDKK 230 (€31M).

JM Divests Property in Enghave, Copenhagen

Denmark Denmark — JM has agreed the sale of its property Enghave Brygge, in Copenhagen. The sale amounts to €31 M (290 MSEK).

JM Acquiring Property with Completed Local Plan in Skårer Syd, Oslo

Norway Norway — JM has signed an agreement with Stor-Oslo Eiendom to acquire part of the company's property in Skårer Syd in Lørenskog north of Oslo. The transaction is worth approximately SEK 160 million (€16,87 M) with occupancy and payment planned for October 1, 2015.

Stockholm’s Tallest Residential Building Reached Top

Sweden Sweden — The construction company JM’s Kista Torn has reached its full height, approximately 120 meters and 40 storeys high, of which 35 are residential storeys. It is by far Stockholm’s tallest residential building located in the middle of Kista.