JM acquires properties for residential development in Huddinge, Stockholm
JM has acquired five properties and signed a conditional agreement for an additional two properties in the Segeltorp industrial zone of Huddinge municipality. The properties are estimated to have the possibility of developing approximately 600 residential units in a future detailed plan. The acquisition of the five properties amounts to approximately SEK 270m, with payment in the second quarter of 2022.The acquired properties consist of office and business premises comprising around 7,000 square meters of rentable space. The transactions are reported as acquisitions of development