JM acquiring building rights in Mölndal, Gothenburg
JM is acquiring building rights from Kungsleden for the development of around 105 residential units centrally located in Mölndal, south of Gothenburg. The transaction is worth SEK 90m, and occupancy and payment will take place in Q4 2021.The acquisition is part of the property Stiernhielm 7, which is centrally located in Mölndal next to the Safjället nature reserve and close to downtown Gothenburg. JM acquired the neighboring property Stiernhielm 6 in 2013, which together with the now acquired building rights and final approval for the local planning enables the development of a total of