JM acquiring building rights in Solna, Stockholm
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 364m, 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.The acquired building rights are included in the detailed plan for Linnéan in Järvastaden, Solna Municipality. The detailed plan has gained legal force for the development of approximately 360 residential units. The building rights are being acquired