Clustret project in Järfälla terminated
Following negotiations, SSM and Upland Securities have decided to terminate the Clustret project in Järfälla. As a result, a deposit of 20.0 MSEK will be repaid to SSM in January 2019. This will have an impact of -13.5 MSEK on SSM’s profits that will be charged in full to the fourth quarter 2018. In July 2017, SSM acquired Riddersvik Fastigheter AB (Järfälla Jakobsberg 11:8) from Upland Securities AB. At the time of the transaction, the proposed project included 370 building rights to be developed into cooperative apartments. Among other things, the transaction was conditional on the